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January 19, 2025
Question

If I move to Virginia and I’m retired will I have to pay taxes on my social security and pension

  • January 19, 2025
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    January 19, 2025

    Virginia doesn't tax Social Security or railroad retirement benefits, however other sources of retirement such as IRAs and pensions are taxable.

     

    Virginia allows an age-based deduction of up to $12,000 for taxpayers 65 and older. 

     

    For more information, see Virginia Taxes and Your Retirement