Military taxes and retirements aren’t going to be the same in the United States. you will have to make sure that you look into what you current state is offering for you. Some are going to be better than others. There are a few states like Arizona, North Carolina, and Utah making changes in 2021 and two more states, Nebraska and Indiana are changing their military tax laws sometime in 2022. Other states are seemingly to follow in the future.
Key Takeaways:
- A new set of laws set in 2021 will allow more military retirees more money.
- Arizona, North Carolina, and Utah will start this during the new year.
- Nebraska and Indiana are the other two states that will see that changes in 2022
“While residents in two of those states will have to wait until the new year to stop paying taxes on their military retirement, retirees living in Arizona, North Carolina and Utah will see the changes take effect immediately.”
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