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Residents of Wisconsin pay between 3.50% and 7.65% state income tax on their retirement benefits. If your AGI is less than $30,000 for joint filers or $15,000 for all other filers, you can deduct ...
Illinois: This is where the differences are simplest -- distributions from 401(k) and other retirement accounts along with pension income and Social Security payments aren't subject to income tax ...
Illinois charges a flat state income tax of 4.95 percent, but all retirement income is exempt from paying the tax. This includes pension payments as well as distributions from retirement plans ...
Retired heads of household age who earned less than $20,500. Retired qualifying widowers who earned less than $26,450. For those with an income below the listed thresholds, you may not have to pay ...
In addition to the nine states that simply don't impose any income tax on anyone, four more states don't tax retirement income from 401(k) accounts, IRAs, and pensions, even though they do still ...
All 27 states below, plus the District of Columbia, currently treat IRA and 401(k) withdrawals as regular taxable income even if you've already reached your full retirement age and are officially ...