New Income Tax Deductions

Official source

Active Duty and Inactive Duty Military Deduction (Section 143.175) This legislation expands the Inactive Duty Military income deduction to include signing bonuses received by the members of the National Guard or reserve components of the United State Armed Forces. Effective January 1, 2025.

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New Income Tax Deductions

Official source

Active Duty and Inactive Duty Military Deduction (Section 143.175) This legislation expands the Inactive Duty Military income deduction to include signing bonuses received by the members of the National Guard or reserve components of the United State Armed Forces. Effective January 1, 2025.