7 States That Are Cutting Retirees’ Taxes for 2023

It’s never too soon to start preparing for your next tax return. And for the 2023 tax year — the one for which your return is due in spring 2024 — some retirees might just find their state tax refund will be bigger, or their state tax bill smaller.

In a handful of states, certain types of retirement income earned in 2023 will not be taxed the same as retirement income from 2022.

Here’s the scoop on the states that have lowered taxes on certain types of retirement income for 2023.

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