Military members and their families have special protections under tax laws. Learn more about the benefits you have available as a member of the U.S. military.
To get instant access to our FREE Weekly Updates, join our mailing list.
The IRS processes tax returns as it receives them. If you file your tax return electronically, the IRS will generaly process direct deposit refunds within 7-10 days of receiving your tax return, and process paper checks …
After four consecutive delayed tax seasons, you might wonder what the tax refund timeline 2023 holds. Here’s what to expect when filing your 2023 taxes in 2024.
As host of the Money Girl podcast, I get lots of email questions from listeners. Since the beginning of the year, I’ve received a steady stream of questions about claiming the Home Mortgage Interest Tax Deduction. …
The IRS sent out stimulus checks in response to the 2020 pandemic. This article covers information related to these checks, including how much the checks were for, the payment schedule, and more.
Use marginal tax rates & federal income tax brackets to calculate effective federal tax rate. Pay less taxes by using deductions and smart tax planning.
Nearly all U.S. states offer exemptions for military retirement income or do not tax it at all. As of 2024, California is the last state that fully taxes military retirement income.
Do you owe estimated taxes? The US tax system is a pay as you go system, which means you are supposed to pay taxes as you earn income. This isn’t a problem for many people because …
You can download your 2023 military tax forms from myPay, beginning in December 2023 through January 2024. Forms will be mailed no later than January 31, 2024.
Military members and their families enjoy special tax rules. Learn more about these rules and how to save on your tax return!
The Military Wallet is a property of Three Creeks Media. Neither The Military Wallet nor Three Creeks Media are associated with or endorsed by the U.S. Departments of Defense or Veterans Affairs. The content on The Military Wallet is produced by Three Creeks Media, its partners, affiliates and contractors, any opinions or statements on The Military Wallet should not be attributed to the Dept. of Veterans Affairs, the Dept. of Defense or any governmental entity. If you have questions about Veteran programs offered through or by the Dept. of Veterans Affairs, please visit their website at va.gov. The content offered on The Military Wallet is for general informational purposes only and may not be relevant to any consumer’s specific situation, this content should not be construed as legal or financial advice. If you have questions of a specific nature consider consulting a financial professional, accountant or attorney to discuss. References to third-party products, rates and offers may change without notice.
Advertising Notice: The Military Wallet and Three Creeks Media, its parent and affiliate companies, may receive compensation through advertising placements on The Military Wallet; For any rankings or lists on this site, The Military Wallet may receive compensation from the companies being ranked and this compensation may affect how, where and in what order products and companies appear in the rankings and lists. If a ranking or list has a company noted to be a “partner” the indicated company is a corporate affiliate of The Military Wallet. No tables, rankings or lists are fully comprehensive and do not include all companies or available products.
Editorial Disclosure: Editorial content on The Military Wallet may include opinions. Any opinions are those of the author alone, and not those of an advertiser to the site nor of The Military Wallet.
