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By Bonnie Lee Happy New Year! I don't know what you did on New Year's Eve, but we all know what Congress did: they finally hammered down some tax legislation for 2013 and beyond. These last ...
There's no sales tax, and Social Security retirement benefits are exempt from the state income tax, though retirement accounts such as a 401(k) or an IRA are taxed at full state income tax rates.
Seniors living in Vermont can expect to pay between 3.35% and 8.75% in state income tax, but whether your Social Security benefits are excluded depends on your filing status and adjusted gross income:
The median household income was $52,064 and the median family income was $62,059. Males had a median income of $40,599 versus $30,399 for females. The per capita income for the city was $22,305. About 3.3% of families and 4.6% of the population were below the poverty line, including 5.3% of those under age 18 and 4.8% of those age 65 or over.
Prior to July 2013, ODJFS was also the state agency responsible for the administration of Ohio's Medicaid program. In July 2013, a new state agency was created, the Ohio Department of Medicaid (ODM), Ohio’s first Executive-level Medicaid agency. ODJFS employs about 2,300 full time employees and has an annual budget of $3.3 billion. [2]
Family members of those killed in action or who died from disease as a result of their in-theater service can receive a bonus of $5,000 plus whatever the service member was eligible for, up to a total of $6,500. By the end of the fiscal year 2014, the program had paid over $65.6 million to more than 81,400 Ohio veterans and families.
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Signed into law Dec. 22, 2017, the Tax Cuts and Jobs Act (TCJA) -- informally known as the Trump tax cuts -- contained a number of changes to individual tax rates that are set to expire after 2025....