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;
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;
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