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Enrolled Agent Exam [Part 1] 61, Military Tax Benefits
Published 2 months, 2 weeks ago
Description
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
• How the combat zone pay exclusion differs for enlisted members versus commissioned officers.
• The scope of the automatic extension of deadlines for filing, paying, and other tax acts.
• How the Military Spouses Residency Relief Act (MSRRA) impacts a spouse's state income tax liability.
• Why active-duty military members are a key exception to the suspension of the moving expense deduction.
• When reserve and National Guard members can claim an above-the-line deduction for travel expenses.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep