A bill to amend the Internal Revenue Code of 1986 to exclude military bonuses from gross income.

This bill amends the Internal Revenue Code to exclude military bonuses from gross income, meaning they would not be subject to federal income tax. Section 1, Exclusion of military bonuses: The bill modifies section 134(a) of the Internal Revenue Code to add that any bonus paid to a member of the uniformed services under chapter 5 of title 37, United States Code, is excluded from gross income, alongside existing qualified military benefits. The change applies to taxable years starting after December 31, 2024.