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Military veterans in Arizona, Utah, Indiana, Nebraska and North Carolina no longer have to pay income tax on their military retirement benefits, joining a number of other states in not taxing ...
Here are the states that do not tax military retirement pay (but they do have a state income tax for other forms of income): Alabama. Arizona. Arkansas. Connecticut. Hawaii. Illinois. Indiana. Iowa.
As long as their military pay is taxable on a federal income tax return, retired service members of the U.S. armed forces who are residents of Connecticut are exempt from paying state income taxes ...
The federal Tax Court has noted that there is no law which excludes military retired pay from income, and ruled in 2012 that the purpose of the USFSPA is not to address the tax treatment of military benefits, but rather to permit Federal, State, and certain other courts to consider military retired pay when fixing property rights between ...
Military retirement in the United States is a system of benefits designed to improve the quality and retention of personnel recruited to and retained within the United States military. These benefits are technically not a veterans pension, but a retainer payment, as retired service members are eligible to be reactivated.
Before 1958, the U.S. federal government provided no pension or other retirement benefits to former United States presidents. Andrew Carnegie offered to endow a US$25,000 (equal to $789,310 today) annual pension for former chief executives in 1912, but congressmen questioned the propriety of such a private pension.
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