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moob85
New Member

My state refund was much higher than my federal. Why? I’m retired collecting a pension and getting ssi. Thanks

 
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2 Replies
DavidD66
Employee Tax Expert

My state refund was much higher than my federal. Why? I’m retired collecting a pension and getting ssi. Thanks

It's impossible to say for sure without being able to review your return.  Many states don't tax retirement income.  If your income and any tax deductions you have is going to remain steady for the foreseeable future, and you would rather have more money during the year, and get a smaller state tax refund, then change your state withholding on your pension. 

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My state refund was much higher than my federal. Why? I’m retired collecting a pension and getting ssi. Thanks

States that tax Social Security benefits:

CO, CT, KS, MN, MO, MT, NB, NM, ND, RI, UT, VT, WV

These states offer varying degrees of income exemptions, but four mirror the federal tax schedule: MN, ND,VT, and WV

 

 

States that may tax retirement income from IRA's, pensions, etc.:

AL, AR, AZ, CA, CO, CT, DE, DC, GA, HI, IA, ID, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MT, NC, ND, NE, NJ, NM, NY, OH, OK, OR, RI, SC, UT, VA, VT, WI, WV,

This is a “general” list.  Some of these states have complicated laws that exclude certain types of retirement income, or provide certain income exclusions and age deductions.  This list does NOT refer to Social Security benefits.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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