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November 17, 2016
Special tax benefits for military members. The IRS reminds service members that they may qualify for special tax benefits. These include: partially or fully tax-free combat pay; deductions for reservists for unreimbursed travel expenses, under certain conditions; and the earned income tax credit for low- and moderate-income service members. If stationed abroad, military members get an automatic extension to file an income tax return. Plus, most bases offer free tax preparation and filing assistance in tax season. Read more at http://bit.ly/2f2gsyq