Serving Uncle Sam: Tax Breaks for the Military - TurboTax Tax Tips & Videos
Enlisted members, warrant officers, or commissioned warrant officers can exclude reenlistment bonuses, pay for accrued leave, and student loan repayments for tax purposes. You typically can deduct qualified unreimbursed moving expenses if you’re a member of the armed forces on active duty ... Enlisted members, warrant officers, or commissioned warrant officers can exclude reenlistment bonuses, pay for accrued leave, and student loan repayments for tax purposes. You typically can deduct qualified unreimbursed moving expenses if you’re a member of the armed forces on active duty and you move because of a permanent change of station.Moving expenses might be deductible. You generally can deduct these expenses if you are a member of the armed forces on active duty and you move because of a permanent change of station. Death benefits to survivors are not taxable. Survivors of armed forces members who die while on active duty receive a $100,000 tax-free death “gratuity” from the government.Nothing can make up for the hardship of serving in the armed forces. But the government does offer some special tax breaks so that soldiers don’t have to add income taxes to their list of worries.Forgiveness of tax liability in the event of death. Members of the armed forces who die while on duty in a combat zone or in support of a combat operation are forgiven any tax liability they may owe the IRS.
