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NC Income Tax ?

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Q. NC Income Tax ? My information is that only the first $5,000 of a pension from a "foreign" govt entity is not taxable. These types of details should be checked by everyone individually.

A. -Recently talked with a military retiree who said his entire pension was exempt from NC income tax. My understanding that this is true of all government pension income. But you have the best suggestion. If exempt status is an important fact

 


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