Is my retirement annuity from the Office of Personnel Management exempted from Georgia taxes by Federal law.

[Fedex3]

This is the question on Turbo Tax form.

[HelenC12]

Yes. Per GA Department of Revenue: A retirement exclusion is allowed provided the taxpayer is 62 years of age or older, or the taxpayer is totally and permanently disabled. Retirement income includes items such as: interest, dividends, net rentals, capital gains, royalties, pensions, annuities, and the first $4000.00 of earned income.

[Enterprise1557]

Question.  Under the federal government / Office of Pernnel Management under the "Special Retirement Provision for Federal Agents, Officers, and Fire Personnel" we are mandated to retire by age 57 years of age.  My question is under this Special Retirement Provision, am I exempted from Georgia state taxes immediately, and not at 62 years of age?   Please email me the correct answer to [email address removed]

Thank you.  

[DoninGA]

@Enterprise1557 There is no provision in the Georgia tax code for a retirement income exclusion from anyone under the age of 62 except for military pensions if the taxpayer is under age 62.

[Enterprise1557]

Thank you for your insight, last year I received contradictory information from a representative.  Thanks again!