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Taxes
My husband just joined in March of 2014 so we have yet to file taxes with him in the military. My main question is how does it work? Do they count your total income to include base pay, BAS and BAH? Or do they just count Base pay? He is still student status so has only received his full BAS for a couple months now and the way it worked before it would show up on his LES and then almost the full amount would be deducted. I think he claimed 1 and we have two kids.
I guess my main concern is will we owe? I worked a little last year and when I did, claimed one and it still seems like I paid way more than my husband in federal taxes, even though I made less than him.
Views: 150
Replies to This Discussion
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Permalink Reply by Anti M on
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Only base pay is taxed. The allowances are not. Some states do not tax military pay, so you need to check on that.
Are you near a base of any kind? Talk to Family Services, they should be able to direct you to a tax specialist or volunteer who can work with you for free.
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Permalink Reply by JSunflower1217 on
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Thank you! We plan on going to the tax services on base to file our taxes.
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Permalink Reply by Eva on
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We actually just went to financial to ask them about taxes. He said the best thing to do is to go to somewhere like H&R Block. Have them look at everything. He also mentioned to have them do your taxes together and separately and see what works best for you. In our situation, I have government student loans and my payments may go up if our household income is "to high". So just look at your options, also have them look at your taxes from the prior year to make sure you didn't miss anything.
He said a lot of the tax specialists and volunteers aren't the best. As he put it, you get what you pay for, and they're free.
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We went to H&R Block when my husband got a new civilian job. They charged a lot (over $200), and still made mistakes. I am not a fan.
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I've never been there, I usually do my taxes by myself but thats what was recommend to us by financial because my husband had his taxes done by them when he was in bootcamp.
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Look over reviews of the ones in your area, see which one is best. They are not all bad, of course.
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