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Monday, March 21, 2011

TAXES: Are you ready to file 2010?

Waitng until April 15th (actually April 18th this year) is not recommended when it comes to preparing your tax return.  If you are a military member, there are some good options below to consider this year. 

Military OneSource is offering FREE tax filing.  While it is an H&R Block program, you must file through Military OneSource to get the FREE service by selecting Tax Filing Services.  According to Military OneSource, the program is open to active-duty, Guard and Reserve servicemembers, regardless of activation status, as well as spouses, dependent children and family members standing in for a deployed servicemember. Participants can e-file up to three state resident returns for each federal return. For tax assistance, filers can call a Military OneSource tax consultant from 7 a.m. to 11 p.m. EST, seven-days-a-week, at 1-800-730-3802 begin_of_the_skype_highlighting              1-800-730-3802      end_of_the_skype_highlighting.

The IRS for Armed Forces Service Members also has tax information for military members.  If you are deployed or are serving in a combat zone, there are special considerations when filing your taxes. 

One very helpful web site is the military.com/Finance/Taxes

Please consult your tax or personal finance advisor for more information.

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