Pension Exclusion

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Benefit program

Pension Exclusion

State

If you get money from a retirement plan, such as a pension, this program helps you get an income tax exemption. This will help lower the amount of income tax you pay or increase the amount of your refund. You can take part in this program if you are 62 years of age or older or if you have a disability and meet the program's income guideline.

About this program

If you get money from a retirement plan, such as a pension, this program helps you get an income tax exemption. This will help lower the amount of income tax you pay or increase the amount of your refund.

The exemption applies to several forms of retirement income, including taxable pensions, IRA withdrawals, or annuities. The amount of retirement income you can exempt depends on your filing status and other circumstances.

How do I apply?

Please contact your local state division of taxation office to find out how to apply.

Categories

Tax Help

Populations served

Low IncomeAge Greater Than 60 Or Disabled

Informational only — official eligibility is determined by the administering agency.

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