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View Full Version : Does North Carolina tax retirement income


parkermm
Oct 10, 2010, 09:41 AM
Does North Carolina tax retirement income from Virginia

ebaines
Oct 11, 2010, 12:59 PM
NC allows you to deduct a portion of retirment pay from your income tax, and you pay regular NC income tax on the rest. The amount you can deduct is either $4K (if you receive the pension from the federal, state or local government), or $2K (if it's a private retirement plan.