Military Retirement Pay Will Now Be Totally Exempt from State Income Tax in These Two States
Military Retirees living in Arizona and Nebraska, have received good news about their Tax Bills Today.
Both States' Legislation has Totally Exempts Military Retirement Pay from State Income Tax.
In Arizona, the Exemption Officially went into effect on July 1st, 2021, and will be Retroactive to January 1st, 2021.
In Nebraska, they will receive a Total Tax Exemption beginning in 2022.
The push to obtain the Tax Breaks for Military Retirees has been a long process, and was spearheaded by the Military Officers Association of America (MOAA).
MOAA Members put pressure on Lawmakers and the Governor to discuss the Legislation until it was eventually Passed.
The State of Arizona historically offered Partial Exemptions to Military Retirees and First Responders, but it wasn’t until now that they will be offering a Full Exemption.
Deciding to Not Tax Military Retirement Pay is a big Success that will surely drive more Retirees to States for Second Careers and eventually Retirement, said Lt. Gen. John Regni, USAF (Ret), a Member of MOAA’s Board of Directors.
Here’s a List of other States who do Not currently Tax Retired Military Pay:
Alabama
Arkansas
Connecticut
Hawaii
Illinois
Iowa
Kansas
Louisiana
Maine
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
New Jersey
New York
North Dakota
Ohio
Pennsylvania
Utah
West Virginia
Wisconsin
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