What does this state really have to offer short/long term...

**JBMcB** · February-12-13, 09:26 PM

Originally Posted by Cincinnati_Kid

As for the comment on post #6, nobody cheated the state, I earned every bit of my AVERAGE pension and for it to be taxed is B.S. regardless of your opinion.

Every other kind of retirement income, except social security, is taxed, why not pensions? Some states even tax social security. About a dozen states tax pensions as full income.

**jiminnm** · February-13-13, 11:55 AM

Originally Posted by JBMcB

Every other kind of retirement income, except social security, is taxed, why not pensions? Some states even tax social security. About a dozen states tax pensions as full income.

38-39 states tax all or part of pension income. Up to 85% of Social Security benefits is federally taxable, depending on your other income [[phase in for single starts at $25K of other income and is at 85% at $34K+, regardless of income type, married is $32K & $44K+). 14 states, including mine, tax up to 85% of Social Security mostly because they base state income tax on federally taxable income.

**Cincinnati_Kid** · February-14-13, 11:09 AM

Originally Posted by jiminnm

38-39 states tax all or part of pension income. Up to 85% of Social Security benefits is federally taxable, depending on your other income [[phase in for single starts at $25K of other income and is at 85% at $34K+, regardless of income type, married is $32K & $44K+). 14 states, including mine, tax up to 85% of Social Security mostly because they base state income tax on federally taxable income.

Maybe I need to move to one of the 11 or 12 states that don't. I wonder does Texas qualify?