Q. I paid my military buyback off all at once.I was a seasonal part time GS04 for approximately nine months. I then got picked up for a full-time position and resigned after two days on that job. If I get my buyback money refunded, will it be taxed since it was not earned and was mine to begin with?
A: For tax purposes it would be treated no differently than any other deposit you made for which you received a refund.
