Military retirement pay in Louisiana
Varies
Does Louisiana Tax Military Retirement Pay?
Short answer: No. Louisiana fully exempts military retired pay from state income tax. Other retirement income: Taxpayers 65+ may exclude up to $12,000 per person of retirement income, including pensions, annuities, and IRA/401(k) distributions (Act 11 of 2024).
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 Louisiana
Varies
Individuals / Personal Taxes
No. Louisiana fully exempts military retired pay from state income tax. Other retirement income: Taxpayers 65+ may exclude up to $12,000 per person of retirement income, including pensions, annuities, and IRA/401(k) distributions (Act 11 of 2024).
Business justification
No. Louisiana fully exempts military retired pay from state income tax. Other retirement income: Taxpayers 65+ may exclude up to $12,000 per person of retirement income, including pensions, annuities, and IRA/401(k) distributions (Act 11 of 2024). Military retired pay is taxable federally; VA disability compensation isn't taxed federally or by any state.
Category
- Personal Tax Deductions