Page 56 - Foreign Service Journal - February 2013

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56
FEBRUARY 2013
|
THE FOREIGN SERVICE JOURNAL
AFSA NEWS
such as bank accounts,
stocks and bonds. Residents
may deduct Washington
sales tax on their federal tax
returns if they itemize deduc-
tions.
Write: Washington State
Department of Revenue,
Taxpayer Services, P.O. Box
47478, Olympia, WA 98504-
7478.
Phone: toll-free 1 (800) 647-
7706.
E-mail: Link through the Web
site’s “Contact Us” tab.
Web site:
www.dor.wa.gov
WEST VIRGINIA
There is no tax liability for
out-of-state income if the
individual has no permanent
residence in West Virginia,
has a permanent residence
elsewhere and spends no
more than 30 days of the
tax year in West Virginia.
However, non-resident
domiciliaries are required to
fle a return on Form IT-140
for all income derived from
West Virginia sources. Tax
rates rise in four steps from
4 percent of taxable income
over $5,000 for single flers
and over $10,000 for joint fl-
ers, to 6.5 percent of taxable
income over $30,000 for
single flers over $60,000 for
joint flers.
Write: Department of Tax and
Revenue, Taxpayer Services
Division, P.O. Box 3784,
Charleston WV 25337-3784.
Phone: toll-free 1 (800) 982-
8297, or (304) 558-3333.
E-mail:
TaxWVTaxAid@wv.gov
or through the “Contact Us”
page on the Web site.
Web site:
www.wvtax.gov
WISCONSIN
Individuals domiciled in
Wisconsin are considered
residents and are subject to
tax on their entire income
regardless of where the
income is earned. Wiscon-
sin’s current tax rate ranges
from 4.6 percent on income
up to $10,570 for single
flers or $14,090 for joint
flers, rising in four steps to
a maximum of 7.75 percent
on income over $232,660 for
single flers or $310,210 for
joint flers.
Write: Wisconsin Depart-
ment of Revenue, Individual
Income Tax Assistance,
P.O. Box 8906, Madison, WI
53708-8906.
Phone: (608) 266-2486.
E-mail: income@revenue.
wi.gov
Web site:
www.dor.state.wi.us
WYOMING
There is no state income tax
and no tax on intangibles
such as bank accounts,
stocks or bonds.
Write: Wyoming Depart-
ment of Revenue, Herschler
Building, 122 West 25th St.,
Cheyenne, WY 82002-0110.
Phone: (307) 777-7961.
E-mail: DirectorOfRevenue@
wy.gov
Web site:
http://revenue.
state.wy.us
STATE
PENSION &
ANNUITY
TAX
The laws regarding the
taxation of Foreign Service
annuities vary greatly from
state to state. In addition
to those states that have
no income tax or no tax on
personal income, there are
several states that do not tax
income derived from pen-
sions and annuities. Idaho
taxes Foreign Service annui-
ties while exempting certain
categories of Civil Service
employees. Several Web sites
provide more information
on individual state taxes for
retirees, but the Retirement
Living Information Center at
www.retirementliving.com/
taxes-by-state i
s one of the
more comprehensive.
ALABAMA
Social Security and U.S.
government pensions are not
taxable. The combined state,
county and city general sales
and use tax rates range from
7 percent to as much as 12
percent.
ALASKA
No personal income tax.
Most municipalities levy
sales and/or use taxes of
between 2 and 7 percent
and/or a property tax.
ARIZONA
Up to $2,500 of U.S. govern-
ment pension income may be
excluded for each taxpayer.
There is also a $2,100
exemption for each taxpayer
age 65 or over. Arizona does
not tax Social Security. Ari-
zona state sales and use tax
is 5.6 percent with additions
depending on county and/
or city.
ARKANSAS
The frst $6,000 of income
from any retirement plan
or IRA is exempt. Social
Security is not taxed. There
is no estate or inheritance
tax. State sales and use tax
is 6 percent; city and county
taxes may add another 6.5
percent.
CALIFORNIA
Pensions and annuities are
fully taxable. Social Security
is not taxed. The sales and
use tax rate varies from 7.25
percent (the statewide rate)
to 10.50 percent in some
areas.
COLORADO
Up to $24,000 of pension
income is exempt 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
2012
TAX
GUIDE