RALEIGH, N.C. – State Representatives have filed House Bill 83 today to eliminate State income tax on the retirement pay of military service members.
North Carolina is home to some of America’s most premier military bases, including the largest in the world, Fort Bragg. This bill would allow retired service members to deduct any retirement income they receive from their taxable income. It would also allow survivors of service members to deduct any military benefits they receive from their taxable income.
These deductions are available to retired U.S. Armed Forces members who have reached at least 20 years of service in the U.S. Military.
Legislation like House Bill 83 continues to promote North Carolina’s pro-military and pro-veteran environment.
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