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2. It's True: These 37 States Do Tax Some Retirement Income - AOL

   www.aol.com/finance/true-37-states-tax...

   Nevertheless, with most state income tax rates ranging anywhere from 4% to 13%, avoiding these income taxes could save you hundreds if not thousands of dollars per year.

3. It's True: These 37 States Do Tax Some Retirement Income - AOL

   www.aol.com/true-37-states-tax-retirement...

   These 9 states tax Social Security benefits. Here are the nine states that do tax Social Security benefits: Colorado. Connecticut. Minnesota. Montana. New Mexico. Rhode Island. Utah.

4. List of states that tax Social Security benefits - AOL

   www.aol.com/finance/list-states-tax-social...

   New Mexico state income tax rates range from 1.70 percent to 5.90 percent. For the 2022 tax year, most seniors in New Mexico will be exempt from Social Security taxes thanks to recent changes in ...

5. State tax levels in the United States - Wikipedia

   en.wikipedia.org/wiki/State_tax_levels_in_the...

   State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table includes the per capita tax collected at the state level.

6. Taxation in New Mexico - Wikipedia

   en.wikipedia.org/wiki/Taxation_in_New_Mexico

   Corporations that generate income from activities or sources in New Mexico and that are required to file federal income tax returns as corporations must pay corporate income tax to the state. [14] Corporate income is taxed at the rate of 4.8% for the first $500,000, 6.4% for the next $500,000 (up to total income of $1 million), and 7.6% for ...

7. States that tax Social Security benefits — including changes ...

   www.aol.com/finance/states-that-tax-social...

   Colorado. Colorado reduced its income tax rate to 4.25% in May 2024, down from 4.4% in 2023. But if you turn 55 during the tax year, you can write off up to $20,000 in Social Security benefits. As ...

8. It's True: Most States Do Tax Some Retirement Income - AOL

   www.aol.com/finance/true-most-states-tax...

   This doesn't mean you'll pay 85% tax ($20,400). Instead, $20,400 could be added to your annual income and taxed like any other income. If your tax rate is 22%, for example, you could owe up to ...

9. Here’s the Income Tax in Every State - AOL

   www.aol.com/income-tax-every-state-130111174.html

   Arizona. Flat Income Tax Rate: 2.5% Standard Deduction (Single): $14,600 Standard Deduction (Couple): $29,200 Personal Exemption (Single): NA Personal Exemption (Couple): NA Personal Exemption ...