Solved: Is my retirement income from Texas local government taxable in North Carolina

Is my retirement income from Texas local government taxable in North Carolina

I retired from a Texas municipal government and moved to North Carolina. Is my pension from Texas Municipal Retirement System (TMRS) taxable in North Carolina? TMRS does not withhold taxes for states because there is no state income tax in Texas.

posted

Retirement income is taxable income to the state you live in when you are collecting it. the fact it was exempt in TX does not affect NC taxing it.

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Retirement income is taxable income to the state you live in when you are collecting it. the fact it was exempt in TX does not affect NC taxing it.

In the $2M net worth test (covered expatriate), "government-provided" retirement plan such as social security and foreign pension is not included, right?

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Is my retirement income from Texas local government taxable in North Carolina

Is my retirement income from Texas local government taxable in North Carolina

Is my retirement income from Texas local government taxable in North Carolina

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Is my retirement income from Texas local government taxable in North Carolina

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Is my retirement income from Texas local government taxable in North Carolina

Is my retirement income from Texas local government taxable in North Carolina

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