Combat Zone re-enlistments
Jul 23 2007
CORRRECTION: In our most recent entry combat zone tax exemptions, we erroneously indicated that if a re-enlistment bonus received while in a combat zone is taken via installment payments, payments received after the servicemember is no longer in the combat zone are subject to taxes. Combat zone re-enlistments are income tax-free, regardless of whether the money is actually received while in a combat zone or not. This has already been corrected in the blog entry, but we wanted to highlight the correction here as well.
