The Massachusetts Department of Revenue manages state taxes and child support. We also help cities and towns manage their finances.
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It is our pleasure to provide resources to our valuable audience of active military (including Army, Navy, Air Force, Marines, Coast Guard,) Reserves and National Guard, (including Army Reserve, Naval Reserve, Air Force Reserve, Marine Reserve and Air National Guard), Veteransand Retirees, civil servants working in government and federal jobs.
Use the Military Pay Calculator to see your current, past and proposed future military pay by rank, location and branch of service. The calculator includes all Regular Military Compensation (RMC) including base pay, BAH, BAS and which portions that are taxable and tax-free. Calculate your military pay.
Some states exclude military retired pay from state income taxes. veterans can contact their state’s veterans’ office for additional information about state taxes and military retirement pay. At any time, retired military personnel can alter the amount of tax excluded from their retirement pay by completing a new W-4.
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Broadly speaking, for every dollar you pay in federal income taxes, about half goes to military spending (27%. comes in at 4.5%. Related calculator: How far will your salary go in another city Four.
Military Compensation. A substantial, but often unseen and overlooked, aspect of military pay is certain built-in tax advantages. Most allowances are tax-exempt. Additionally, certain hardship circumstances will change normally taxable pay into tax-exempt. For more information, select one of the following topic areas:
Some military allowances are even tax exempt, allowing you to use your after-tax military pay for other necessities, and even lifestyle luxuries. Changes in pay grade, duty status, your military occupation, duty station, or deployment status can have an impact on your pay.
FederalPay’s military pay calculator can calculate yearly pay for both enlisted servicemembers and officers in all branches of the United States armed forces – Army, Navy, Air Force, Marines Corps, and Coast Guard.
Use this calculator to estimate how a contribution to your TSP account will affect your take-home pay and your account savings over time. You may also want to use the Contribution Comparison Calculator to determine which type of contributions (traditional and/or Roth) will best suit your retirement goals.