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Lifestyle
Teri Monroe

10 State Income Tax Adjustments Retirees Need to Review

state income tax adjustments
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State governments are rolling out new income tax adjustments, and retirees are among the groups most affected. These changes range from updated thresholds to new exemptions and revised treatment of retirement income. While some adjustments may provide relief, others could increase liabilities, especially for those living on fixed incomes. Retirees must pay close attention to these updates to avoid surprises when filing returns. Here are 10 state income tax adjustments that deserve careful review this year.

1. New Thresholds for Retirement Income Taxation

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