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Level 2
Mar 21, 2024 2:21 AM UTC
Question

How do you report income from deployment

Taxpayer earned income from deployment.  How do I let lacerte know this is not taxable?

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    2 replies

    sjrcpa
    Level 15
    Mar 21, 2024 2:44 AM UTC

    Why isn't it taxable?

    The military would exclude exempt combat pay from the W-2.

    Is this a state thing?

    The more I know the more I don’t know.
    CPAonzgoAuthor
    Level 2
    Mar 22, 2024 12:58 AM UTC

    I resolved the issue.  This is taxable income.  However, combat pay is not taxable.