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QUESTION DETAIL
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Votes
What is included/excluded from tax in a specific state?
ANSWER
The BIDaWIZ Team's Answer:
- Nine states do not have an income tax or have a tax limited to specific kinds of unearned income.
- Twenty-eight states with an income tax exempt Social Security benefits from taxation.
- Four states exclude a portion of Social Security benefits that are subject to tax at the federal level.
- Three states provide a general retirement income exclusion that may result in the exclusion from taxation of part or all of Social Security benefits.
- One state subjects Social Security benefits to income tax on the same basis as the federal government, but uses a slightly different income measure to determine the amount of benefits subject to tax.
- Six states apply the state income tax to Social Security benefits that are taxable at the federal level.