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DFAS 702 1997 free printable template

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UNDERSTANDING YOUR DAMS LEAVE AND EARNINGS STATEMENT DEFENSE FINANCE AND ACCOUNTING SERVICE MILITARY LEAVE AND EARNINGS STATEMENT ID NAME (LAST, FIRST, MI) SOC. SEC. NO. GRADE PAY DATE YRS SVC ETS
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How to fill out DFAS 702

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How to fill out DFAS 702

01
Obtain a copy of DFAS Form 702 from the official DFAS website or your accounting office.
02
Enter your personal information at the top of the form, including your name, Social Security number, and contact information.
03
Fill out the financial information section accurately, providing details about your income, expenses, and any additional deductions or credits.
04
Review the information for completeness and accuracy to ensure all details are correct.
05
Sign and date the form to certify that the information provided is true and complete.
06
Submit the completed form to the appropriate DFAS office or online portal as instructed.

Who needs DFAS 702?

01
Any service member or federal employee who is seeking reimbursement for travel expenses, operational costs, or who needs to report income for tax purposes may need to complete DFAS 702.
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Basic pay chart and raises Years of ServiceSample Paygrades<26E-2$2,149.20$2,149.20E-3$2,259.90$2,547.60E-4$2,503.50$3,039.302 more rows
All service members receive basic pay, and the amount is determined by your grade and years of service. In general, basic pay makes up the biggest portion of your pay and, unless you're serving in a tax-free combat zone, is taxed like ordinary income.
Rank Rank<2 Years Experience4 Years ExperiencePrivate First Class (E3)$27,118.80$30,571.20Specialist or Corporal (E4)$30,042.00$34,977.60Sergeant (E5)$32,763.60$38,390.40Staff Sergeant (E6)$35,766.00$42,786.002 more rows
Your LES is the same thing as pay stubs in the civilians world. It is full of useful information and the key to understanding your income. The key is to read your LES each month since it covers the service member's pay, taxes, allotments and more.
The LES is a comprehensive statement of a member's leave and earnings showing your entitlements, deductions, allotments (fields not used for Reserve and National Guard members), leave information, tax withholding information, and Thrift Savings Plan (TSP) information.
Where can I access my statement? Access your LES online through the myPay system or the U.S. Coast Guard Pay & Personnel Center. You'll need a login and password or a computer with a Common Access Card reader.

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DFAS 702 refers to a specific form used by the Defense Finance and Accounting Service to report financial transactions and other related data.
Individuals or organizations that engage in financial transactions with the Department of Defense are required to file DFAS 702.
DFAS 702 should be filled out by providing accurate financial information according to the guidelines provided by the Defense Finance and Accounting Service, ensuring all sections are completed as instructed.
The purpose of DFAS 702 is to ensure proper accounting and reporting of financial data related to transactions and services provided to the Department of Defense.
DFAS 702 requires reporting of transaction details, amounts, parties involved, and any other pertinent financial information as specified in the form's instructions.
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