Fallen service members get tax relief. (FTB News).In California, armed service members who die while serving in a combat zone Combat Zone An area designated as a war zone during a specified period. Members of the military do not need to claim taxable income they earn while working in a combat zone.Notes: Troops on active duty in a combat zone are also granted additional time to file taxes. Should they be injured carrying out their duties, any compensation they receive is protected under the combat zone tax break. See also: War Babies, War Bond or as a result of wounds, injuries or disease incurred in a combat zone are entitled to some tax forgiveness. Although the state has not conformed to the federal Victims of Terrorism Tax Relief Act of 2001, a service members entire tax liability Tax Liability The total amount of tax that a person owes to the IRS after credits and payments are made by the taxpayer.Notes: In other words, this is the money you owe the IRS. See also: Liability, Tax Lien is forgiven for the year in which they died and for any earlier tax year beginning with the year of service in a combat zone, if the above requirements apply. If they are serving outside of the combat zone and if the service member qualified for special pay due to hostile or imminent danger, or if their service was in direct support of an operation within a combat zone, the tax forgiveness also applies. And, the tax liability also is forgiven for military or civilian U.S. employees who die from wounds or injuries incurred in a terrorist or military action outside the United States. Under the California Combat Zone Extension (R&TC secs SECS - Seconds SECS - Semiconductor Equipment Communications Standard SECS - Simple European Character Set. 18570 and 18571) the deadline to file such returns, or a refund claim, has been extended. |
|
||||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion