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February 5, 2025
Question

Where on the tax form do I insert my amounts for TCOLA?

  • February 5, 2025
  • 1 reply
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"Territorial Cost of living allowance" where do I fill that amount on my returns?

    1 reply

    February 5, 2025

    The Territorial Cost–of–Living Allowance (TCOLA) is an amount given to government employees stationed in specific high-cost areas (e.g., postal employees).

     

    It is generally not taxable (not considered part of your gross income for federal income tax purposes); however, any overtime pay calculated on top of your base salary, including the TCOLA portion, would be taxable. 

     

    Did you receive a tax form with an amount on it?

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