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THE FOREIGN SERVICE JOURNAL

|

JANUARY-FEBRUARY 2017

77

or inheritance tax. State sales

and use tax is 6.5 percent; city

and county taxes may add

another 5.5 percent.

CAL I FORN I A

Pensions and annuities are

fully taxable. Social Security

is excluded from taxable

income. The sales and use

tax rate varies from 7.5 per-

cent (the statewide rate) to

11 percent in some areas. CA

Pub 71 lists all rates state-

wide.

COLORADO

Up to $24,000 of pension

or Social Security income

can be excluded if individual

is age 65 or over. Up to

$20,000 is exempt if age 55

to 64. State sales tax is 2.9

percent; local additions can

increase it to as much as 9.9

percent.

CONNECT I CUT

Pensions and annuities are

fully taxable for residents.

Social Security is exempt

if Federal Adjusted Gross

Income is less than $50,000

for singles or $60,000 for

joint filers. Statewide sales

tax is 6.35 percent. No local

additions.

DELAWARE

Pension exclusions per

person: $2,000 is exempt

under age 60; $12,500 if age

60 or over. There is an addi-

tional standard deduction

of $2,500 if age 65 or over

if you do not itemize. Social

Security is excluded from

taxable income. Delaware

does not impose a sales tax.

D I STR I CT OF

COLUMB I A

Pension or annuity exclusion

of $3,000 is applicable if 62

years or older. Social Secu-

rity is excluded from taxable

income. Sales and use tax

is 5.75 percent, with higher

rates for some commodities

(liquor, meals, etc.).

F LOR I DA

There is no personal income,

inheritance, gift tax or tax

on intangible property.

The state sales and use

tax is 6 percent. There are

additional county sales

taxes, which could make the

combined rate as high as 9.5

percent.

GEORG I A

Up to $35,000 of retirement

income may be excluded

for those aged 62 or older

or totally disabled. Up to

$65,000 of retirement

income may be excludable

for taxpayers who are 65

or older. Social Security

is excluded from taxable

income. Sales tax is 4

percent statewide, with

additions of up to 3 percent

depending on jurisdiction.

HAWA I I

Pension and annuity distri-

butions from a government

pension plan are not taxed

in Hawaii. Social Security

is excluded from taxable

income. Hawaii charges a

general excise tax of 4 per-

cent instead of sales tax.

I DAHO

If the individual is age 65 or

older, or age 62 and dis-