Virtual Tax Academy for Military

Paglalarawan sa Serbisyo

Military members receive many different types of pay and allowances. Some are includible in gross income while others are excludable from gross income. The lesson will help you determine which members of the U.S. Armed Forces are entitled to an adjustment to income for certain business expenses or moving expenses. To do this, we will identify certain business expenses, qualifying moves, allowances and reimbursements, and deductible moving expenses.