A soldier reads through a tax preparation booklet. (U.S. Army/ Mike Strasser, Fort Drum Garrison Public Affairs)
Editor's Note: This article by Patricia Kime originally appeared on Military.com, a leading source of news for the military and veteran community.
As troops sit down to file their 2018 income tax returns, the Defense Department wants them to know that some significant changes in tax law could put more money in their pockets.
But to maximize their refund, they should know about several new rules.
The day has finally arrived. You sprint out of the company office, bounding across the grass as SNCOs and boot-tenants holler to “stay off the daggum grass.” But it doesn’t matter. You’ve made it. You’re untouchable. You’re free. You have your DD-214, and your last paycheck burning a hole in your pocket. Time to hop in that Ford F-150 that you financed at 20% and roar past the base gates for a road trip back to your hometown.
Americans have “got to make a choice,” Republican Rep. Jason Chaffetz from Utah told CNN this morning, referring to his party’s plan to repeal and replace Obamacare. “So rather than getting that new iPhone that they just love and want to go spend hundreds of dollars on that, maybe they should invest in their own health care.”
