I am an active duty Air Force officer investing for financial independence by age 40.
For the past 5 years, I claimed CZTE or Combat Zone Tax Exclusion income on my tax returns. Every year after I file my taxes, I receive a CP04 Notice …
Read moreHow I Respond to the IRS Combat Zone Tax Letter (CP04)
After announcing that I would be deployed in 2017 for 6 months, my orders changed. I am not currently deployed to a war zone. Instead I PCS’d to an exciting …
I received the following email from DFAS (Defense Finance Accounting Service) regarding Combat Zone Tax Exclusion (CZTE) for servicemembers stationed in Turkey: Effective September 19, 2016, unless otherwise specified, all military …
The Thrift Savings Plan (TSP) offers a unique, low cost, tax advantaged, diversified, and automatic investment opportunity to US government employees and military personnel. Since I’m active duty Air Force, …
Read moreThrift Savings Plan (TSP) Military – The Best Retirement Plan in the World
Tax time is here! W2s should be released on myPay by 24 January. If you’ve properly configured your tax withholding, your tax return should be quite small. However, we know …
Read more2014: Free 2013 Tax Filing for Military Servicemembers
UPDATE: The Military OneSource H&R Block free online tax filing service is live! According to myPay, all 2012 tax statements for US military personnel (active, Reserve, Guard, civilian, retired) will …
Read more2013: Free 2012 Tax Filing Software for Military from Military OneSource
Check out my review of Lending Club if you’re not familiar with it! I AM NOT A TAX OR FINANCIAL ADVISOR. THIS IS NOT TAX ADVICE. THIS IS BASED ON …
Read moreDo I Have to Pay Taxes on my Lending Club Earnings?