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Sfalady
New Member

Why are pensions considered taxable income especially in sattes where the money wasn't made?

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1 Reply
PattiF
Expert Alumni

Why are pensions considered taxable income especially in sattes where the money wasn't made?

Each state decides what income to tax. The pension is considered taxable income because you received the pension payments while living in the state. The states with a state income tax that don't tax pensions are Pennsylvania, New Hampshire, Mississippi, Iowa, Illinois, Hawaii, and Alabama.

 

 

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