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Military retirement tax free
Military retirees living in five states will soon stop paying taxes on their military retirement. Military retirees residing in Indiana, Nebraska, and North Carolina will see the changes become effective with the 2022 tax year; retirees living in Arizona and Utah will see the changes take effect immediately. With these new additions, the number of states that do not tax military retirement income is 26. Nine others states offer partial exemptions, and six states, plus the District of Columbia, fully tax military retirement. Read the article here…
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