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    parkermm's Avatar
    parkermm Posts: 1, Reputation: 1
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    #1

    Oct 10, 2010, 09:41 AM
    Does North Carolina tax retirement income
    Does North Carolina tax retirement income from Virginia
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    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.
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