There are many unique things that members of the United States Armed Forces, their spouses, and veterans should know before filing their income tax return. In this informative video, Mark Steber (Jackson Hewitt’s Chief Tax Information Officer) is breaking down everything military taxpayers need to know before filing their return this year.
Here's what we cover in this video:
- 00:41 Why you should work with a Tax Pro
- 1:04 What is considered taxable income for the military
- 1:35 What is not taxable, even if a member of the military or veteran earns it
- 2:23 Some frequently asked questions, like if military uniforms or military haircuts are deductible
- 3:01 What military milage rates are
- 3:48 If moving expenses are deductible
- 4:23 How to keep good records
- 4:54 What overseas military members should know, especially if serving in a combat zone
- 5:55 Benefits of working with a Tax Pro
Don’t get overwhelmed. Watch this video and you’ll gain the knowledge and strategies you need before you file your tax return this year.
Read more about tax returns for military families here: www.jacksonhew...
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30 сен 2024
