Military retirement pay in Hawaii
Varies
Does Hawaii Tax Military Retirement Pay?
Short answer: No. Hawaii fully exempts military retired pay from state income tax. Other retirement income: Employer-funded pensions (public and private) are exempt. Distributions from your own contributions, including 401(k)/403(b)/457 elective deferrals and IRAs you funded, are taxed.
Military retired pay is taxable federally; VA disability compensation isn't taxed federally or by any state.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Military retirement pay in Hawaii
Varies
Individuals / Personal Taxes
No. Hawaii fully exempts military retired pay from state income tax. Other retirement income: Employer-funded pensions (public and private) are exempt. Distributions from your own contributions, including 401(k)/403(b)/457 elective deferrals and IRAs you funded, are taxed.
Business justification
No. Hawaii fully exempts military retired pay from state income tax. Other retirement income: Employer-funded pensions (public and private) are exempt. Distributions from your own contributions, including 401(k)/403(b)/457 elective deferrals and IRAs you funded, are taxed. Military retired pay is taxable federally; VA disability compensation isn't taxed federally or by any state.
Category
- Personal Tax Deductions