Answered

Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Why might a military taxpayer want to consider making contributions to the military Thrift Savings Plan while deployed to a combat zone

Sagot :

Answer:

It allows a military taxpayer to divert money to Roth TSP that saves the military taxpayer from paying income tax on the earnings.

Explanation:

A military taxpayer want to consider making contributions to the military Thrift Savings Plan while deployed to a combat zone as it allows a military taxpayer to divert money to Roth TSP that saves the military taxpayer from paying income tax on the earnings.

Here, TSP stands for Thrift Savings Plan.

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.