What is combat zone tax deferment

Frequently asked questions What deferments are available to those who serve in a combat zone? If it's an automatic extension, why do I need to provide the requested information? Need Help? You can authorize someone to contact the IRS on your behalf. See if you qualify for help from a Low Income Taxpayer Clinic. Serving in a combat zone can also impact your Thrift Savings Plan contribution limits.

However, the combined annual limit for employee and employer contributions still applies. Morgan says it happened to two of her clients last year. You might get a notice or letter for several other reasons, including …. Learn more about letters from the IRS and how to handle them here. Instead of the April 15 deadline, service people in combat zones must file their returns days after they leave the combat zone, end qualifying service outside the combat zone, or end their service in a contingency operation.

You may also get additional time. Your filing deadline can be extended by the number of days you had left to file before you began serving in the combat zone. For example, if you started serving in the combat zone on January 15 and would have filed on April 15, those three months will be added to your day extension when you leave the combat zone.

The extension applies to multiple tax-related events, including tax payments, IRA contributions and even IRS collection actions. Military members serving in and out of combat zones get access to free tax-preparation software Military OnceSource MilTax and in-person tax-preparation services with specially trained tax preparers through the Volunteer Income Tax Assistance location in a military installation. For the purposes of the legislation, the Cold War is defined as the period from until the dissolution of the Soviet Did you know you can get your pay early?

What tax benefits does your state offer to Military members and retirees? Find out which benefits are available to you. Get the latest on pay updates, benefit changes and award-winning military content. Right in your inbox. View more newsletters on our Subscriptions page. Check out the US military pay scale charts for all ranks for active duty, as well as Reserve and Guard components. What will that do to your paycheck?

Read more. The military retirement system is arguably the best one around, but proper planning is needed to ensure you can retire The IRS extends filing deadlines — and paying of your income taxes — for service members who are:. In addition to serving in a combat zone, there are other ways service members can obtain an extension on filing taxes beyond the tax deadline.

To find out more about your obligation to file taxes, obtain an extension, and discover service member-specific tax benefits, call to schedule a free appointment to talk with a Military OneSource MilTax consultant.