Want to ask a question? Click here

Are federal retirees exempt from North Carolina state income tax?

Ken Little
StarNews

Social Security retirement benefits are exempt from income taxes in North Carolina, said Trevor Johnson, NC Department of Revenue spokesman.

But beginning Jan. 1, 2017, other forms of retirement income are taxed at the state’s uniform individual income rate of 5.499%, Johnson said.

He added that there are also exemptions for certain North Carolina residents who are qualified under the “Bailey Act.”

“This court decision pertains to certain former local, state and federal employees who had certain levels of public service prior to 1989,” Johnson said.

Click here for more information about the Bailey Act decision.

User-contributed question by:
Allan Richards

Got a comment about this post or know more about the answer? Click here to let us know!


Bookmark and Share

X
Ask a question
X

Ask a question

If you’re looking for answers about living in coastal North Carolina, you’ve come to the right place. If we don’t have the answer to your question, we’ll find out or try to find someone who does. Hey, that’s our job! So, ask your question below and we’ll do our best to find the answer. Once we do, we’ll post it in an appropriate category.





Can we use your name to credit you by name (no e-mail or other contact information) with this question when we post an answer?
Yes
Your question:

Post a comment
X

Talk to us!

Have a comment about this post or know more about the answer? Use this form to let us know. Note that all comments are moderated and must be approved before they are posted, although you may see your own comments the first time you post them.





Your comment: