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Retirement tax questions
Here is the link to the Lousiana Department of Revenue: https://revenue.louisiana.gov/Individuals
Louisian does exempt Louisiana State Employees' Retirement Benefits, Louisiana State Teachers Retirement Benefits, and Social Security Benefits.
In addition, there is an Annual Retirement Income Exclusion that allows persons 65 years or older to exclude up to $6,000 of annual retirement income from their taxable income. Taxpayers that are married filing jointly and are both age 65 or older can each exclude up to $6,000 of annual retirement income. If only one spouse has retirement income, the exclusion is limited to $6,000.
We can't see your return, so it is impossible to determine why you have a balance due. If you provide more specific information as to your income situation, we might be able to make a possible determination.
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