These States Won’t Tax Your Retirement Income

Photo by Andrii Yalanskyi from shutterstock.com

States that don’t tax your inheritance nor your real estate

Real estate or an inheritance are also considered to be a part of your retirement income, and normally we would get angry if they tried to take this as an opportunity to tax these as well, however you will be surprised to learn that more than a half of the states don’t.

There’s a great deal of states that will not tax your real estate or your inheritance and the list is the following: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey (Estate Tax Only), New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas
Utah, Virginia, West Virginia, Wisconsin, Wyoming.

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