sjrcpa
Level 15
03-31-2021
04:05 PM
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All pension income is taxable to a MD resident. MD does provide for a pension (not IRA or Keogh) exclusion of up to $31,100 , reduced by social security benefits.
EDIT: You also have to be 65 or disabled for this exclsuion.
MD is not very friendly to retirees (or businesses)
The more I know the more I don’t know.