Are qualified retirement distributions from one state qualified in another state? In this case Alaska PERS is a qualified plan for federal income taxation.

[boyingtonfieldch]

Alaska PERS retirement is a qualified plan according to the IRS, but I'm unclear whether it's considered a qualified plan by Idaho or other states.  

[SteamTrain · Accepted solution]

Yes...if it is considered a qualified plan for Federal..that applies anywhere you live.

But that does not mean it is considered exempt from State taxes in any other State you may live in.  Some states used to give at least a partial state income deduction for PERS 1099-R forms generated/earned for any other state...but many have eliminated it in recent years and only consider their own state generated pensions.

[boyingtonfieldch]

Thank you!  Alaska, like Wyoming, did away with state income tax when royalties from oil and other extractive industries covered expenditures.  people used to complain about all the people who lived elsewhere, but made their incomes in Alaska with commercial fishing, guiding and outfitting, tourism and other industry.  Everyone I talked to agreed that that bring back the state income tax would be a great idea, but political suicide for our legislators.  Gov. Bill Walker (no relation to Gov. Scott of WI, fortunately) is bringing it up, as the petroleum industry has gone to cheaper pastures.