New York A05439 establishes a tax credit for active-duty military members domiciled in New York for airfare costs when traveling home.

New York A05439 amends the tax law to create an active military service travel tax credit. This credit applies to New York domiciled active-duty military members for the cost of their airfare when traveling back home. The credit is limited to airfare expenses that are not reimbursed by the military or another entity. The credit amount is capped at $1,000 for service members stationed in the United States, U.S. territories, the Caribbean islands, Canada, and Mexico, and $2,500 for those stationed elsewhere.

New York A05439 establishes a tax credit for active-duty military members domiciled in New York for airfare costs when traveling home.

New York A05439 amends the tax law to create an active military service travel tax credit. This credit applies to New York domiciled active-duty military members for the cost of their airfare when traveling back home. The credit is limited to airfare expenses that are not reimbursed by the military or another entity. The credit amount is capped at $1,000 for service members stationed in the United States, U.S. territories, the Caribbean islands, Canada, and Mexico, and $2,500 for those stationed elsewhere.