By Katie LangeDefense Media Activity
It’s a new year, which already afresh agency it’s additionally tax season.
For those of you who like to alpha your taxes early, you’re in luck. Some W-2s are already accessible for download on DFAS MyPay, while others will be advancing out in the aing few weeks.
If you haven’t arrested your MyPay account, here’s are some key dates to note:
Forms accessible as of Jan. 11:1099-Rs for retirees and annuitantsW-2s for Army, Navy, Marine Corps and Air Force ReservesW-2s for active-duty Marines
On Jan. 20: W-2s become accessible online for active-duty Army, Navy and Air Force annual members, as able-bodied as Defense Department civilians.
Other IRS tax forms, including 1095B/C’s for bloom affliction coverage, will be accessible for download soon, too.
Not seeing the forms you charge above? Check out the DFAS tax annual schedule. It additionally includes back 1095, 1099INT and 1099-M forms are actuality released.
For those of you who adopted to accept your forms the ancient way, via snail mail, your adamantine archetype will be alien out starting Jan. 12.
Other Notable MyPay Items
While you’re logged into MyPay, you’re encouraged to opt into e-delivery for all of these forms. If you don’t, that agency the Army, Navy, Air Force and Marine Corps accept to pay the commitment costs – which can absolutely add up. Opting into e-delivery can advice your annual save a lot of money.
Finally, this is a abundant time of year to analysis the capacity in your MyPay account, such as allowance allotments, IRA contributions and more. Consider if the advantage and payments you’re advantageous for are too little, too abundant or aloof right.
More: Miltary OneSource Tax Resources
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