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Tennessee
As of 2020, Social Security income or many other types of retirement income, for that matter, have become exempt from state income taxes. Similar to New Hampshire, retirees in the Volunteer State have to pay taxes only for income from dividends and interest.
The good news is that, unlike New Hampshire, Tennessee is planning on gradually eliminating that tax, also known as the Hall Tax. As part of the phase-out process, the tax dropped to 2 percent in 2019 and to 1 percent in 2020.
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Alaska
It might not have the friendliest weather, but Alaska outranks some warm-weather states when it comes to the best places to retire. Those who want to enjoy some peace and quiet can also add low taxes to the list of perks. As of 2020, Alaska has joined the group of sanctuary states with no personal income taxes.
If you’re considering ditching Florida for Alaska, head to the city of Anchorage, which has been included in the top 25 best cities in the United States to spend your golden years.
76 comments on “26 States That Do Not Tax Your Social Security Benefits”
It is double taxation!
Tennessee has no state income tax. Al Gore had nothing to do with it. In fact when Gore ran for President he lost his home box, home county, former congressional district and home state. Bush won in a landslide.
Why isn’t Illinois Jon the list. They do not tax any retirement income.
Why is it so hard to print an article on one page? Why must we have to follow a 12 page report on this page wait here comes the next page. N now I’m lost where did the article go?
BS! Texas DOES tax SS!
I work all my life and for health reasons I am still working and now because I am working full time S a. Addiction Counselor which I love helping people I have to pay on my social security. I work to make enough money to pay for everything to live without stress
That’s not true about Pennsylvania. I just filed my taxes and there’s a limit that you’re allowed to earn yearly before you have to pay tax on Social Security. I think that amount is $25,000.
Unless I missed it, New York State does not tax SS benefits either.
I live in Tennessee, there is no state Income tax here. However the good old Democrats have taken care of things and as much as 85% of my social security has be subject to Federal Income Tax every year since retiring.
Ronal Reagan DID NOT start taxing SS, nice try propagandists, he tightened enforcement of social security disability payments because it was being abused like most government programs, Bill Clinton taxed Social Security! It was Bill Clinton’s Tax Reform Act of 1993 that raised taxes on Social Security!
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