You should calculate your tax return both ways (including and not including combat pay as earned income for EITC purposes) to determine which option gives you the best result. Alternatively, combat pay is included as earned income when calculating the refundable portion of the Child Tax Credit.
Mark Steber
4 quotes about refundable follow in order of popularity. Be sure to bookmark and share your favorites!
The tax code is set up so that you can get these refundable credits. The average refund is again anywhere from $1,000 up to $4,300 for a single family.
Beth Mcgraw
Wedding insurance covers everything that's non-refundable, and it's amazing what it covers. If your great aunt cannot get in because the airport is closed, she'll get a new ticket. If you had to cancel or postpone the wedding because you had appendicitis, the matchbooks that you ordered with the date of the wedding on it will be replaced.
Sally Kilbridge
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