Recommended by IRS
About Publication 3, Armed Forces Tax GuidePublication 3 covers the special tax situations of active members of the U.S. Armed Forces. It does not cover military pensions or veteran benefits, or give the basic tax rules that apply to all taxpayers.
Found 39 Matching Items; Displaying 1 - 10.
Retirement topics - Reemployment after military service or maternity/paternity leave
If an employee is reemployed after military service or incurring a maternity or paternity period of absence, certain rules apply.
General Information
Administrators
IRS updates frequently asked questions related to wrongful incarceration
FS-2023-26, Nov. 2023 — These FAQs update question 9 to provide that a United States military service member who is a wrongfully incarcerated individual and who receives back pay following the reversal of a court martial conviction may not exclude the payments under section 139F if the payments are merely the restoration of pay and allowances to which the service member is entitled under the law.
General Information
Military, Individuals, Tax Professionals
Retirement plans FAQs regarding USERRA and SSCRA
Insights into the re-employment of veterans and the restoration of retirement plan benefits, as affected by the Uniformed Services and Reemployment Rights Act (USERRA) and the Soldiers and Sailors Civil Relief Act (SSCRA).
General Information
Administrators
Retirement plans startup costs tax credit
Eligible employers may be able to claim a tax credit of up to $5,000, for three years, for the ordinary and necessary costs of starting a SEP, SIMPLE IRA or qualified plan (like a 401(k) plan.) A tax credit reduces the amount of taxes you may owe on a dollar-for-dollar basis.
General Information
Administrators
Standard mileage rates
Find standard mileage rates to calculate the deduction for using your car for business, charitable, medical or moving purposes.
About IRS
Tax Professionals
What someone should do if they missed the April deadline to file and pay taxes
Tax Tip 2022-61, April 20, 2022 — The federal income tax deadline has passed for most individual taxpayers. However, some haven't filed their 2021 tax returns or paid their tax due.
General Information
Individuals, Tax Professionals, Military
Legal advice issued to program managers
Legal advice signed by executives in the National Office of the Office of Chief Counsel and issued to Internal Revenue Service personnel who are national program executives and managers.
Legal Guidance (Authoritative)
Tax Professionals
Changes in your life may affect retirement planning
Marriage, kids, divorce, or job changes may affect your retirement planning
General Information
Administrators
Taxpayers can now upload more documents to IRS; new online option for 9 notices can help resolve issues faster
IR-2023-29, Feb. 16, 2023 — The Internal Revenue Service announced today that taxpayers who receive certain notices requiring them to send information to the IRS now have the option of submitting their documentation online through IRS.gov.
News
Individuals, News Media, Tax Professionals
Retirement topics - Exceptions to tax on early distributions
Review exceptions to the 10% additional tax on early retirement plan distributions.
General Information
Administrators