If you're on active duty, your state of residence for income tax may be different than the state where you are stationed. You may think you understand how that affects your state income tax. But do you really?
Should you sell or donate your car? If you donate it, how do you get the biggest deduction? There are answers to these questions.
The CARES Act allows you to skip RMDs for 2020. But what if you took the RMD out before the law went into effect?
You probably haven't paid much attention to State Income Taxes while on Active Duty. That changes as early as when you start your terminal leave.
Working remotely due to COVID-19? There could be State Income Tax ramifications.
I was always told that you "write your own OPR". In the same mindset, you're doing your 2020 tax return right now. You'll just write it down next year. So, here are some changes to help you write the right tax return.
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