Tax season is upon us, but for military servicemembers and their families, there are a lot of beneficial changes to the 2021 tax code. This article from Defense News lays out some important details every veteran, active-duty servicemember, and their families must know before filing your 2021 tax returns including:
1. Changes to the Earned Income Tax Credit
2. Credits and Deductions Information
3. Filing Extensions
4. Free Tax Preparation
5. Refund Timelines
6. Tax Deadline