During tax season can I file to get back the taxes on my Enlisted Affiliated Bonus? If so, how do I do that?

SPC Private RallyPoint Member — Tue, 18 Dec 2018 14:42:54 -0500

So I went from active duty to the reserves and I received a EAB (enlisted affiliated bonus) upon switching and it was a hefty bonus but they took around 4-5 thousand out for taxes. During tax season can I file to get that money back? If so how do I do that?

Response by SFC Private RallyPoint Member made Dec 18 at 2018 2:51 PM

SFC Private RallyPoint Member — Tue, 18 Dec 2018 14:51:08 -0500

There is nothing special to do. Your bonus counts as taxable income and you paid 22% in taxes, which means you almost certainly overpaid your taxes. You will receive whatever extra you overpaid for the year.

Response by SSG Private RallyPoint Member made Dec 18 at 2018 2:51 PM

SSG Private RallyPoint Member — Tue, 18 Dec 2018 14:51:48 -0500

Thismay provide a good insight for you

https://www.katehorrell.com/taxes-military-bonuses/

Taxes on Military Bonuses: How and Why - KateHorrell

So you just got your military bonus check, and a lot of taxes were taken out. It's confusing! Here's what you need to know about taxes on military bonuses.

Response by SFC Private RallyPoint Member made Dec 18 at 2018 3:09 PM

SFC Private RallyPoint Member — Tue, 18 Dec 2018 15:09:15 -0500

Your bonus is taxed at 25%, which is close to what SFC Boyd stated.

When you file taxes on or before April 16th, you will get whatever back that you're entitled to for your tax bracket and exemptions.

Response by PO1 Don Gulizia made Dec 18 at 2018 4:22 PM

PO1 Don Gulizia — Tue, 18 Dec 2018 16:22:02 -0500

You should get a W-2 from DFAS showing your earnings and taxes withheld. I'm not familiar with EAB, so it may be in the W-2 or a supplimental tax form. Check out the DFAS website or call them. SFC Private RallyPoint Member is absolutely correct...if you fill out your taxes properly (and you haven't earned more than the 22% tax bracket), most of that money will be refunded. Good luck.

Response by SFC Don Lawrence made Dec 18 at 2018 8:22 PM

SFC Don Lawrence — Tue, 18 Dec 2018 20:22:24 -0500

Don’t forget to do your state taxes too if you are in one of the 40 or so that tax military pay.