S2E15 - Tax Returns for Military Families

From Operation Retirement Readiness by Mike Hunsberger & Amy King

April 16, 2026 · 44 min · Season 2 · Episode 12

About this episode

Amy and Mike discuss the critical aspects of reviewing and understanding tax returns for military families.

In this episode, Amy and Mike explore the critical aspects of reviewing and understanding your tax return, especially for military families. They discuss key numbers like adjusted gross income, common mistakes, deductions, credits, and strategic planning tips to optimize tax outcomes. Key Topics Reviewing tax returns for accuracy Understanding adjusted gross income (AGI) Common tax mistakes for military families Maximizing deductions and credits Strategic tax planning for retirement and transition years Chapters 00:00 Understanding Tax Returns: An Overview 02:16 Key Components of a Tax Return 05:08 Income Surprises for Military Families 08:18 Deductions vs. Credits: What You Need to Know 11:03 Planning for Future Tax Years 14:02 State Tax Nuances for Military Families 17:03 Maximizing Tax Credits 20:22 Common Mistakes and How to Avoid Them 23:14 The Importance of Reviewing Your Tax Return Note: The tool noted at 01:50 is not AI. Please do not put tax returns in AI. Operation Retirement Readiness: www.operationretirementreadiness.com Schedule a consultation with Mike: https://nextmissionfinancialplanning.com/contact/ Schedule a consultation with Amy…

People in this episode

Hosts: Mike Hunsberger, Amy King

Topics covered

tax returns
military families
deductions
credits
strategic planning
adjusted gross income

Keywords

tax returns
military families
adjusted gross income
deductions
credits
strategic tax planning
common mistakes

Mentioned in this episode

Organizations: Operation Retirement Readiness, nextmissionfinancialplanning.com, instarfp.com