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Retirement tax questions
There is the Bailey Settlement exemption for pensions from Federal/Military and "NC"-Public pensions...but that does not apply to other state's Public pensions..nor IRA's, nor normal corporate pensions.
<a rel="nofollow" target="_blank" href="https://www.ncdor.gov/taxes-forms/individual-income-tax/bailey-decision-concerning-federal-state-and...>
<a rel="nofollow" target="_blank" href="https://www.ncdor.gov/taxes-forms/individual-income-tax/bailey-decision-concerning-federal-state-and...>
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎June 6, 2019
1:41 AM