https://ttlc.intuit.com/community/retirement/discussion/do-my-wife-and-i-pay-nm-state-income-tax-on-education-retirement-from-nm-and-on-social-security/01/422305#M38310 <P>We were told by another retiree in our position that he still pays full NM State tax on retirement income even though he lives in Texas.&nbsp; Is that correct. I am on the allocation page for filing NM State Tax. <BR /></P> Tue, 04 Jun 2019 21:15:16 GMT Jimmy-Lee 2019-06-04T21:15:16Z https://ttlc.intuit.com/community/retirement/discussion/do-my-wife-and-i-pay-nm-state-income-tax-on-education-retirement-from-nm-and-on-social-security/01/422305#M38310 <P>We were told by another retiree in our position that he still pays full NM State tax on retirement income even though he lives in Texas.&nbsp; Is that correct. I am on the allocation page for filing NM State Tax. <BR /></P> Tue, 04 Jun 2019 21:15:16 GMT https://ttlc.intuit.com/community/retirement/discussion/do-my-wife-and-i-pay-nm-state-income-tax-on-education-retirement-from-nm-and-on-social-security/01/422305#M38310 Jimmy-Lee 2019-06-04T21:15:16Z https://ttlc.intuit.com/community/retirement/discussion/the-pension-source-tax-act-of-1996-p-l-104-94-specific/01/422311#M38311 <P>The Pension Source Tax Act of 1996 (P.L. 104-94) specifically stipulates that, "No State may impose an income tax on any retirement income of an individual who is not a resident or domiciliary of such State." </P><P>In other words, retirement income is taxable only by your state of residence <I>at the time you receive it</I>.<B></B><I></I><U></U><BR /></P> Tue, 04 Jun 2019 21:15:17 GMT https://ttlc.intuit.com/community/retirement/discussion/the-pension-source-tax-act-of-1996-p-l-104-94-specific/01/422311#M38311 TomD8 2019-06-04T21:15:17Z