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Here are the states that do not tax military retirement pay (but they do have a state income tax for other forms of income): Alabama. Arizona. Arkansas
The following states already do not tax military retirement pay at all: Alabama, Connecticut, Hawaii, Illinois, Iowa, Kansas, Louisiana, Maine, Massachusetts ...
While the state offers weaker tax exemptions than some on military retirement pay, its legislature is being called on to consider a full exemptions and entice more veterans to come. The state ...
For retired service members, the state you live in … Continue reading → The post States That Do Not Tax Military Retirement appeared first on SmartAsset Blog.
Illinois charges a flat state income tax of 4.95 percent, but all retirement income is exempt from paying the tax. This includes pension payments as well as distributions from retirement plans ...
Massachusetts taxes most retirement income using its 5% state income tax. Seniors may be exempt from paying state income tax if they are a single filer making $8,000 or less, a head of household ...
There are perks that come with service, though, and five states recently … Continue reading → The post These Five States Just Eliminated Income Tax on Military Retirement appeared first on ...
States That Don’t Tax Military Benefits Those who have served active duty in the U.S. military for 20 years or more and are age 60 are eligible for retirement benefits.