In recognition of National Military Appreciation Month, IRS has recently updated its “Armed Forces Tax Guide” (Publication 3) which contains good information and important reminders of some tax benefits unique to members of the military, including:
~Combat pay – partly or totally tax free
~Moving expenses – deduction available for eligible items
~Tax return due date – service members stationed abroad
have until June 15 to file, and those in a combat zone
have even longer – typically up to 180 days after they
leave the combat zone
Check out Publication 3 for more.