Posted on Jan 19, 2023
Military Members and Spouses Could Avoid State Income Taxes Thanks to New Law
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Edited 2 y ago
Posted 2 y ago
Responses: 1
I'm not sure if it has changed since I retired, but I was an Oregon resident for my 24 years of Navy service, and Oregon did not tax active duty service members. I paid zero state income tax while in the Navy. I did vote via absentee ballot, maintain an Oregon driver's license and Oregon vehicle registrations the entire time.
Then I retired to Missouri, where for the first time in my adult life, had to pay "Personal Property Tax" on the things I own. Each year, we have to complete a checklist of any vehicles, farm vehicles and implements, the number of animals we have, by species, age and gender, and various buildings and structures we have on the farm on 1 January. We then report this to the county assessor and we get the bill some time during the year and have to have it paid by 31 December. Just to do it all over again on 1 January the following year. So we pay income tax, sales tax, property tax on the farm, and then personal property tax on the things we have to keep the farm moving forward.
We do our best to have processing dates for our hogs and cattle late in the year, prior to 1 January, so that we don't have to count them come 1 Jan.
Then I retired to Missouri, where for the first time in my adult life, had to pay "Personal Property Tax" on the things I own. Each year, we have to complete a checklist of any vehicles, farm vehicles and implements, the number of animals we have, by species, age and gender, and various buildings and structures we have on the farm on 1 January. We then report this to the county assessor and we get the bill some time during the year and have to have it paid by 31 December. Just to do it all over again on 1 January the following year. So we pay income tax, sales tax, property tax on the farm, and then personal property tax on the things we have to keep the farm moving forward.
We do our best to have processing dates for our hogs and cattle late in the year, prior to 1 January, so that we don't have to count them come 1 Jan.
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CPO David R. D.
Lt Col Charlie Brown - My wife and I have been married for almost 35 years, and for all but 5 of those years, she was a stay at home mom/grandma. She did work as a para-educator in our kids' schools while we lived in Washington state and Colorado. I think if we were to look at her Social Security history, she has about 5 1/2 years of $$ income, but the value of her being home, and raising our kids, is priceless. I know not every home has this ability, but I'm grateful it worked for us.
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Cpl Vic Burk
CPO David R. D. - My wife was a stay at home mother for over twenty years. She had worked before we started a family and after kids grew up or she wouldn't have been qualified for social security disability benefits.
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CPO David R. D.
Cpl Vic Burk - I need to research this a little more, because I don't know if my wife has qualified for SS benefits. I do know I continue to make my SBP payment, so if I go first, she'll get 50% of my pension after I die. If she goes first, then all those monthly payments to the SBP program were pointless.
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