Are there any states with no income tax?

Jul 12, 2021 ... Interest income (taxable and non-taxable), 1099-INT. Count Gross. Count Gross. Interest income not received because the interest charged was ... Interest on Obligations of Other States. Federal law generally exempts interest on state and local government bonds and securities from income tax. Since ... Interest income that is subject to income tax. All interest income is taxable unless specifically excluded. Jan 24, 2025 ... For tax year 2024, Massachusetts has a 5.0% tax on both earned (salaries, wages, tips, commissions) and unearned (interest, dividends, and capital gains) ... Eligible retirement income includes dividends, interest, capital gains, net rental income from real property and qualified retirement plans (IRS Sec. 4974), ... However, interest earned on specific state and municipal bond obligations is exempt from Wisconsin and federal income tax. See line 1 of the instructions for ... Interest and dividend income from non-Vermont state and local obligations are taxable in Vermont and must be included in your Vermont taxable income. This may ... Form 1099-INT is sent to the taxpayer to show interest income earned during the tax year. Different types of interest received may include savings bond ... Note: Interest owed and earned on International Fuel Tax Agreement (IFTA) tax are set by IFTA , Inc. Interest rates for current and prior years can be found ... Jan 22, 2025 ... This form reports interest income earned. Learn when you need to pay taxes on this interest, how to include it on your tax return, and key details.