26 States do Not tax Retired Military Pay...

[SEABREEZE 1957]

Maryland is not one of them...Interesting tax stats link below.


Retired Military Pay
Some states provide special tax benefits to military retirees. Others simply follow the federal tax rules. The states that do not tax retired military pay are: Alabama, Alaska, Florida, Hawaii, Illinois, Kansas, Kentucky*, Louisiana, Massachusetts, Michigan, Mississippi*, Missouri*, Nevada, New Hampshire, New Jersey, New York, North Carolina*, Ohio (tax year 2008), Oregon*, Pennsylvania, South Dakota, Tennessee, Texas, Washington, Wisconsin and Wyoming.
(*With conditions)


http://www.retirementliving.com/RLtaxes.html

[wmburdette (Premo)]

Originally Posted by SEABREEZE 1957

Maryland is not one of them...

Maryland does allow you to exclude the first $5,000 or military retired pay. Started with the 2007 tax year. At least it's a first step.

...btw, great link, thanks for posting it.

[Vince]

I am retiring in one of those 26 states. Either Pa or NC. NOT effing MD where MOM taxes you out of exsistence.

[ocean733 (Premo)]

My hubby just told me that some states don't charge Veterans vehicle registrations fees (California is one of them)

[Dougstermd (Premo)]

Originally Posted by SEABREEZE 1957

Maryland is not one of them...Interesting tax stats link below.


Retired Military Pay
Some states provide special tax benefits to military retirees. Others simply follow the federal tax rules. The states that do not tax retired military pay are: Alabama, Alaska, Florida, Hawaii, Illinois, Kansas, Kentucky*, Louisiana, Massachusetts, Michigan, Mississippi*, Missouri*, Nevada, New Hampshire, New Jersey, New York, North Carolina*, Ohio (tax year 2008), Oregon*, Pennsylvania, South Dakota, Tennessee, Texas, Washington, Wisconsin and Wyoming.
(*With conditions)





http://www.retirementliving.com/RLtaxes.html

And you are just finding this out

[mixallagist]

Didn't you know that the Maryland State Motto is "If you can dream it , we can tax it"?

[daisycreek]

Don't forget the new Maryland welcome sign..

Welcome to Maryland... bring your wallet!

[edinsomd]

Another reason why, when the time comes, we'll pull up stakes and move. It's a shame, I love our property here and Maryland is a beautiful state, but the inmates are in charge and I can ill afford their insane spending habits.
Ed

[awpitt]

Originally Posted by edinsomd

Another reason why, when the time comes, we'll pull up stakes and move. It's a shame, I love our property here and Maryland is a beautiful state, but the inmates are in charge and I can ill afford their insane spending habits.
Ed

What's keep'n you here now? Not trying to be a smart a*s about it. I read a lot of MD bashing in these forums but people are still here. If I thought it was really that bad, I would pull up the stakes and move now. MD must be doing something right or there wouldn't be anyone here.

[toppick08 (Premo)]

Originally Posted by awpitt

What's keep'n you here now? Not trying to be a smart a*s about it. I read a lot of MD bashing in these forums but people are still here. If I thought it was really that bad, I would pull up the stakes and move now. MD must be doing something right or there wouldn't be anyone here.