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    wallabee4's Avatar
    wallabee4 Posts: 294, Reputation: 19
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    #1

    Jan 15, 2013, 09:26 AM
    How might filing tax return as new U.S.Federal employee be different?
    Have my first tax return to file as a new U.S. federal employee. Wonder if anyone can point me in the right direction as far as things I need to remember/consider/know that might make this tax return different from a normal 1040 tax return as an average public sector job? Is there a specific place where I might find info just regarding federal employees? What about the TSP savings? I file my own taxes on paper. Don't have any software.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jan 15, 2013, 10:57 AM
    I was a Federal employee. I filed the same forms and claimed the same exemptions/deductions as everyone else.

    Are you asking if there are tax benefits specifically for Federal employees?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #3

    Jan 15, 2013, 11:20 AM
    As JKT says - there really is no difference in how federal employees file taxes versus everyone else, although there are some nuances if you are in the military or foreign service. The Thrift Savings Plan is very similar to a run-of-the-mill 401(k) plan, so again no special issues - when you receive your W2 form the "federal wages" box will already be reduced by the amount you contributed to your TSP.
    wallabee4's Avatar
    wallabee4 Posts: 294, Reputation: 19
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    #4

    Jan 15, 2013, 12:03 PM
    ebaines, JKT, thanks. That's what I needed to know.

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