State tax treatment Federal annuitieS

payers age 65+, the retirement income tax exclusion is $65,000 in 2012, and will be $100,000 in 2013, $150,000 in 2014, $200,000 in 2015 and unlimited thereafter. Retirement income includes income from pensions and annuities, interest income, dividend income, net income from rental property, capital gains income and income from royal-ties. ................
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