Tuesday, November 11, 2014

SEVEN TAX DEDUCTIONS FOR ARMED FORCES PERSONNEL (ADVANCE TAX RELIEF LLC www.advancetaxrelief.net (800)790-8574)

Members of the Armed Forces may deduct the items listed below as miscellaneous itemized deduction subject to the 2% adjusted gross income(AGI) 

Board and Lodging cost over those paid to you by the government while on temporary duty away from home.

ADVANCE TAX RELIEF LLC - We Solve Tax Problems
www.advancetaxrelief.com

Cost of rank insignia, collar devices, gold braid and the cost of altering rank insignia when promoted or demoted.

Contributions to a "Company" fund made according to service regulations. Personal contributions made to stimulate interest or morale in a unit are not deductible.

Court martial expenses in successfully defending against the charge of conduct unbecoming an officer.

Transportation, food, and lodging expenses while on official travel status. But you are taxed on mileage and per diem subsistence allowance

Dues to professional societies. But you may not deduct dues for officers' and non commissioned officers' clubs

Uniforms. The cost and cleaning of uniforms are deductible if: (1) they must be worn on duty; (2)they cannot under military regulations be worn off duty; and (3) the cost exceeds any tax-free clothing allowance.

Hope you find this information helpful?

Owe this IRS and need help or need help with filing past due tax returns?

Call us (800)790-8574

ADVANCE TAX RELIEF LLC - We Solve Tax Problems
www.advancetaxrelief.net
www.advancetaxreliefattorneys.com

BBB Accredited Business


#irstaxhelp #taxattorneys #taxhelp #irs #taxrelief

No comments:

Post a Comment