KateHorrell

Helping Military and Veteran Families Be Confidently Prepared for The Next Stage of Life

  • Your Military Family’s Confidently Prepared™ Life Binder
  • Military Scholarships
  • Your PCS Checklist
  • Military Separation Checklist
  • Military Retirement Checklist
  • KateHorrell.com Home Page
  • Work With Kate
  • Resources

How To File For An Income Tax Extension, Military-Style

10 April 2023

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Get a simple, free tax extension to get more time to file your federal tax return. The deadline to file your federal income tax returns is Tuesday, 18 April 2023. That’s because the 15th is on Saturday, and Monday, 17 April 2023 is a state holiday in Washington, DC. Each year, more than 10 million… | Read More…

Leave a Comment
Filed Under: Taxes

SCRA and Military Spouses for State Taxes

13 February 2023

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

SCRA has been amended (again), and it will change the way that many service members and their spouses pay state income taxes. SCRA and military spouses is a (relatively) new relationship, and changes are happening pretty regularly. It can be hard to keep up. But first, a little background. Before we got to where we… | Read More…

13 Comments
Filed Under: Spouse Careers, Taxes

Home of Record and State of Legal Residence: Things You Need To Know

23 January 2023

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

The military can be confusing, with all its special terms and acronyms. One of the terms most often misused is home of record. The term comes up in questions about taxes and driver’s licenses and final moves. On rare occasions, when talking about final moves, it’s being used properly. The other 99.9% of the time,… | Read More…

41 Comments
Filed Under: Spouse Careers, Spouses, Taxes

Tax Deductible Moving Expenses for Military

21 January 2023

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Tax Deducible Moving Expenses for Military PCS Moves

PCS moves are expensive.  Even with all the allowances, you’ll sometimes have some out-of-pocket expenses, especially if you have pets. Thankfully, unreimbursed moving expenses can be deducted from your income taxes, and they’re a most valuable type of deduction. Disclaimer: No article can address every specific tax situation. Do not make any decisions based solely… | Read More…

18 Comments
Filed Under: Moving, Taxes

Capital Gains Rules for Military Families

24 October 2022

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Capital Gains Rules for Military Families

Note:  This is not professional tax advice. While I have confirmed this information with various professionals, do not take my word for it. Read the tax rules yourself (link at the bottom.) Then, consult with your tax professional to see how the rules apply to you. Capital Gains? What the heck are they, and when… | Read More…

139 Comments
Filed Under: Housing, Taxes

Taxes on Military Bonuses: How and Why

30 August 2022

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

How do you figure taxes on military bonuses?

I’ve noticed a lot of frustration about taxes on military bonuses. That’s not surprising, because it IS frustrating if you don’t understand what’s going on. But it doesn’t have to be too hard to understand. First, you have to have a firm grasp on how income taxes work. If you are not sure, then read… | Read More…

38 Comments
Filed Under: Taxes

Understanding The Military Spouses Residency Relief Act and How It Applies To State Taxes

22 August 2022

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Important note: This information was accurate at the time of publishing. The law has been further updated. For up-to-date information, see Servicemembers Civil Relief Act Text As It Applies To Spouses and Taxes. This article is remaining here for historical purposes. The Military Spouses Residency Relief Act (MSRRA) is an important law, but it is very… | Read More…

29 Comments
Filed Under: Spouses, Taxes

Financial Advice for New Military Spouses (and the rest of us)

10 August 2022

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

I’m fortunate enough to sometimes talk to some new, or new-ish, military spouses. There’s so much to know about money in general, and money and the military can be particularly tricky.  I usually have a limited amount of time, and I struggle to decide on the most important topics to discuss. I want to tell… | Read More…

8 Comments
Filed Under: Spouse Careers, Taxes

Why My Teen Is Having Taxes Withheld This Summer

18 April 2022

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Why My Teen Is Having Taxes Withheld This Summer

This is an update on an old post about teens and income taxes. So the timeline makes no sense if you’ve been tracking 🙂 But the info is still true! Our family is reaching another milestone this summer – the first paid job by a teen. Daughter #2 has obtained a lifeguarding job at a… | Read More…

3 Comments
Filed Under: Education, Taxes

Your Tax Refund Isn’t What’s Important

8 March 2022

This post may contain affiliate links, from which I may earn revenue to support this free site. All opinions are my own, and I only promote products that I use and love!

Oh, my goodness. You spend 2 minutes communicating with anyone lately, whether in person, on the phone, via owl, or on the internet, and the talk turns to income taxes. Everyone has a story this year, and they want to share it. It’s not surprising; between the changes to withholding last year, and the child… | Read More…

2 Comments
Filed Under: Taxes

  • 1
  • 2
  • Next Page »
  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Twitter

Search

WELCOME!

Hi! I'm Kate! Accredited Financial Counselor®, Navy spouse, and mom of four.

Here at the blog, I talk about the financial issues that affect military families - pay, allowances, and benefits. Plus college stuff, landlording, moving, taxes. We cover a little bit of everything.

My goal is to give you the tools to make the best decisions right now, so you'll be confidently prepared for whatever comes next - whether that's a PCS move, transition to civilian life, or retirement.

So grab a cup of coffee, tea, or whatever makes you happy, and let's get to know each other.

Your Military Family's Everything-You-Need Binder
Home About Resources Contact/Media Privacy Policy
  • Bloglovin
  • Email
  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter

Affiliate Disclosure

This site does contain advertising and affiliate links. If you click on an advertisement or link, I may be compensated. I only promote companies that I love and trust. Kings High Media/KateHorrell.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com

Disclaimer

Kate does not represent the Department of Defense, the Department of Veterans Affairs, or any government agency. This blog is strictly for informational and entertainment purposes only. The content on this site should not be considered professional financial or legal advice. I may receive compensation through affiliate or advertising relationships from products mentioned on this site. All reviews on this site represent the personal opinions of the author. All references to third party products, rates, and offers may change without notice.

©2022 Kate Horrell and Kings High Media. All Rights Reserved.
Site development by Olive & Ivy Design