04 Mar I’m retiring soon. How does the pension exclusion work?
If you're eligible, you could owe no state income taxes. ...
If you're eligible, you could owe no state income taxes. ...
If you're eligible, you may escape state income tax altogether. ...
Many factors come into play to determine your tax liability....
Depending on your income level, your tax burden could be zero,...
There are income cutoffs and other requirements to get this tax break....
If you're eligible, you can save on taxes in retirement. ...
More people will be eligible for this tax break in 2021....
If you have income of less than $100,000, you may be eligible for the pension exclusion. ...
If you have income of less than $100,000, it may be tax-free. ...
If you earn more than $100,000, you are not eligible for this tax break....