Taxes in the land of the United States are something mandatory for anyone who has any kind of income. In this sense there are exceptions, since there are States of the United States where pensioners who have a Social Security do not have to pay taxes. But it is important to remember that you do have to pay federal taxes if you reach the minimum taxable income. Not paying state taxes does not mean not having to pay taxes.
For that reason, we must watch out when deciding what taxes we can afford to pay. If we want to move to one of the states where we do not pay taxes, it is true that we will save a lot of money per month. But it is not the only way to get big savings, since we have other options to get extra income while collecting the Social Security check.
Remember that if you live in one of the other states, you do have to pay the relevant taxes. Even so, if you are having trouble figuring out what kinds of taxes you must pay and what taxes are not mandatory, it is advisable to hire a tax attorney to help you. We can also look for an advisor who has these taxes by specialty in order to avoid all possible problems related to Social Security taxes. For the time being, let’s look at the list of United States States where it is not necessary to pay taxes.
These states do not require payment of Social Security taxes
Pay attention to this list of states where it is not obligatory to pay Social Security taxes. Knowing these places will help you save a lot of money on your retirement or disability benefits.
- Alaska
- Florida
- Nevada
- New Hampshire
- South Dakota
- Tennessee
- Texas
- Washington
- Wyoming
- Alabama
- Arizona
- Arkansas
- California
- Delaware
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- New Jersey
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- South Carolina
- Virginia
- West Virginia
- Wisconsin
- Washington, D.C.
To all of these states we must add the District of Columbia. Even so, we must keep in mind that some of these places do have a type of Social Security taxes, but they help to pay those taxes on the other side. As we mentioned before, the best way to avoid problems, especially if you do not know the subject well, is to hire a lawyer specialized in economics.
You can also go to a local Social Security office and ask if it is possible to save when it comes to paying taxes on your retirement check. The most important thing in all of this is that you pay your taxes if you have to.