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Old 02-17-2008, 11:48 AM
 
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I heard that South Carolina does not tax pensions as income. Is that true ??
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Old 02-17-2008, 11:07 PM
 
Location: Vacation central.. :)
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I do believe that SC does. NC does not, or it did not as of last year. This may have changed... The fact that NC doesn't tax pensions is a big draw for folks in and around the DC area. (Read- gubbment employees)
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Old 02-18-2008, 12:42 PM
jjj
 
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Quote:
Originally Posted by Tmosc View Post
I heard that South Carolina does not tax pensions as income. Is that true ??
South Carolina gives a small deduction on pension income of 3,000.00 dollars rising to 10,000.00 at age 65. Social security benifits are not taxed.
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Old 02-21-2008, 09:52 PM
 
Location: Pawleys Island, SC
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here is a good breakdown of SC taxes:
Retirement Living - Taxes by State: New York - Wyoming
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Old 02-23-2008, 07:54 AM
jjj
 
168 posts, read 567,306 times
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Quote:
Originally Posted by baylovers View Post
here is a good breakdown of SC taxes:
Retirement Living - Taxes by State: New York - Wyoming
Be aware that some of the tax laws on this site are incorrect or haven't been updated.
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