MFTRA

AcronymDefinition
MFTRAMilitary Family Tax Relief Act of 2003
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The MFTRA included a number of other provisions that afford tax benefits to military personnel and their families; see the exhibit on p.
Dependent care assistance: MFTRA Section 106 clarified that payments made to members of the Armed Forces under dependent care assistance programs are deemed qualified military benefits under Sec.
According to MFTRA Section 107(b), this provision is effective for tax years beginning after 2002.
Members of the Service Academy will also gain from the MFTRA," Hayes continued, "distributions from Coverdell Education Savings Accounts (ESAs) and Section 529 plans are excluded from gross income if used for qualified educational expenses.