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Do i input my interest income from the Savings Deposit Program (SDP) from military deployment onto my tax return?

 
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Do i input my interest income from the Savings Deposit Program (SDP) from military deployment onto my tax return?

Yes, while federal income earned in hazardous duty zones is tax-free, interest accrued on earnings deposited into the Savings Deposit Program is taxable (military.com).  To enter this in on your return, please see TurboTax FAQ below;

https://ttlc.intuit.com/replies/3300478

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Level 1

Do i input my interest income from the Savings Deposit Program (SDP) from military deployment onto my tax return?

Yes, while federal income earned in hazardous duty zones is tax-free, interest accrued on earnings deposited into the Savings Deposit Program is taxable (military.com).  To enter this in on your return, please see TurboTax FAQ below;

https://ttlc.intuit.com/replies/3300478

View solution in original post