- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
No - Social security and railroad retirement
benefits are not subject to NC State income tax.
No - Your federal retirement will not be taxed as long as the retiree had "five or more years of creditable service as
of August 12, 1989." [the Bailey Decision]
If you do not fall under the provisions of Bailey v. State of North Carolina decision, your Federal retirement WILL be taxed
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎June 3, 2019
11:20 AM