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Which 13 States Don't Tax Retirement Income?


Most people understand that paying taxes is just part of living in a civil society. Still, forking over this money is a drag. Never even mind the fact that it's money you could personally put to better use.

Well, here's a little good news: Although you'll never fully escape taxation of one type or another, a handful of U.S. states don't tax at least some forms of retirement income. Here's a closer look at which states offer retirees a break from state-level taxation even if you're still fully subject to federal taxes in these locales.

Let's begin with the best news -- you'll probably not owe any state taxes on your monthly Social Security payments. A total of 41 states, as well as Washington D.C., simply don't tax this income. Here's the full list:

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Source Fool.com


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