![]() By completely excluding certain income, you can effectively lower the total amount of income tax you owe or increase your refund, and it may also affect the amount of any tax credit you receive. In other words, some of your income is tax-free. government lets you exclude certain types of income from your adjusted gross income calculation on your tax return. These military service-related tax benefits fall into three groups: In return for your service to the country, the federal government and individual states have established tax breaks to lighten your financial load or to ease your return to civilian life. military member or a veteran, you have access to tax benefits that are mostly unavailable to other Americans. Wouldn't life be grand without taxes? You can't avoid them altogether, but as an active-duty U.S.
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