SFC Private RallyPoint Member 325703 <div class="images-v2-count-0"></div>For those of us that have made the Military a career, is it safe to say '...stop being ungrateful...' to those Soldiers that can't manage their money and complain that the Congress has eliminated Child Tax Credits and E.I.T.C. Tax Credits.<br /><br />I think it's fair to say most of us career military pax only get taxed on like 65-70% of our net income, receive free (for now) healthcare, and fall somewhere between the 5% and -5% tax bracket after we file.<br /><br />There's always two sides to the coin.<br /><br />Learn to manage your finances gents! 2014-11-13T18:09:55-05:00 SFC Private RallyPoint Member 325703

<div class="images-v2-count-0"></div>For those of us that have made the Military a career, is it safe to say '...stop being ungrateful...' to those Soldiers that can't manage their money and complain that the Congress has eliminated Child Tax Credits and E.I.T.C. Tax Credits.<br /><br />I think it's fair to say most of us career military pax only get taxed on like 65-70% of our net income, receive free (for now) healthcare, and fall somewhere between the 5% and -5% tax bracket after we file.<br /><br />There's always two sides to the coin.<br /><br />Learn to manage your finances gents!

2014-11-13T18:09:55-05:00 2014-11-13T18:09:55-05:00 CW5 Private RallyPoint Member 325723

<div class="images-v2-count-0"></div>Amen to that, <a class="dark-link bold-link" role="profile-hover" data-qtip-container="body" data-id="65694" data-source-page-controller="question_response_contents" href="/profiles/65694-12b-combat-engineer-315th-en-301st-meb">SFC Private RallyPoint Member</a>. And I learned that 60-70% part the hard way the first year after I retired. I didn't take that into account when I planned for taxes that first post-active duty year, and I wound up owing the IRS over $8,000. Enjoy that tax free money (BHA, for example) while it's flowing.

2014-11-13T18:21:04-05:00 2014-11-13T18:21:04-05:00 2014-11-13T18:09:55-05:00