If you're a service member or a veteran with an honorable discharge, the GI Bill may provide funding to help with college costs. The benefits can add up to thousands of dollars that you do not have to report as income on your individual income tax return
Another provision of the Post-9/11 GI Bill allows eligible service members to transfer their unused benefits to family members. Post-9/11 benefit payments are tiered based on the amount of creditable active-duty or federal service you have since Sep. 10, 2001. See the table below to determi...