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2. 5 Most Common Mistakes Retirees Make on Their Taxes - AOL

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   Some retirees are under the mistaken impression that once the 10% penalty for early withdrawal passes at age 59 1/2, they don’t have to pay tax on their IRA distributions either.

3. It's True: These 13 States Don't Tax Retirement Income - AOL

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   Image source: Getty Images. Here's a look at how various states tax retirement income. The nine states that don't tax income. When it comes to the taxation of income, you're in luck if you live in ...

4. States that tax Social Security benefits — including changes ...

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   While these states and Washington, D.C., tax your income, each allows seniors and retirees to exclude Social Security benefits from state or district taxes: Alabama Arizona

5. 6 Hidden Tax Breaks for Retirees - AOL

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   In Washington, however, you qualify for a property tax exemption at age 61, though you must still meet income limits. Also See: Medical Expenses You Can Deduct From Your Taxes 3.

6. Capital gains tax in Washington (state) - Wikipedia

   en.wikipedia.org/wiki/Capital_gains_tax_in...

   The tax collected more than $890 million in revenue in its first year, [23] significantly exceeding the approximately $500 million in revenue initially projected. [24] The Department of Revenue projects the tax will bring in over $5 billion over the next 6 years. [25] Fewer than 4000 people pay the tax, [3] and 85% of the revenue comes from ...

7. It's True: These 13 States Don't Tax Retirement Income - AOL

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   In addition to the nine states that simply don't impose any income tax on anyone, four more states don't tax retirement income from 401(k) accounts, IRAs, and pensions, even though they do still ...

8. 13 states that don’t tax your retirement income - AOL

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   Iowa state income tax rates range from 4.4 percent to 5.7 percent in 2024, but the range will be narrowed each following year until a flat rate of 3.9 percent is implemented in 2026. Mississippi

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