Explore the 1,000’s of tax questions answered by professionals.

Back to list

QUESTION DETAIL

Related User

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.

The BIDaWIZ Team

 

 

  • Currently /5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
26 Ans.