- G.I. Bill
- Iraq and Afghanistan Service Grants
- Reserve Officers’ Training Corps (ROTC) scholarships
- Additional Federal Pell Grant funds
- VA-Guaranteed Home Loan program, including Purchase Loans, Interest Rate Reduction Refinance Loans (IRRRL), Native American Direct Loan (NADL) Program, Adapted Housing Grants
- Property tax reductions
- Exclusions from gross income: Qualified moving expense reimbursements (active duty member of the Armed Forces, move must be due to a military order and the result of a permanent change of station), combat zone pay, basic allowances for housing, cost of living allowances abroad, overseas housing allowances, military base closure and realignment benefits, death gratuity payments to eligible survivors.
Skip persons for generation skipping transfer tax
The Internal Revenue Code defines a skip person for generation skipping transfer tax (GSTT) purposes as: any lineal descendent of the transferor’s grandparent or transferor’s
Bentley Makkar
December 19, 2024
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