U.S. Armed Forces & Taxes: Charlie
Part 3: Tax Credits for members of the military…
Earned Income Tax Credit
Normally, this credit is only available if your main home is in the U.S. However, military personnel stationed outside the U.S. on active duty are considered to live in the U.S. during that period for the earned income credit.
Child Tax Credit
To qualify, a qualifying child must have lived with the taxpayer for more than half the year. However, temporary absences for military service by a taxpayer count as time lived at home. This can phase out if your income is too high and non taxable combat pay is considered as “income” for this possible phase out.
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