Connecticut HB05094 would exempt Social Security benefits and pension or annuity income from personal income tax.
Connecticut HB05094 proposes to amend section 12-701 of the general statutes to exempt Social Security benefits and pension or annuity income from the personal income tax for all taxpayers. This bill aims to provide tax relief by excluding these specific types of income from taxable income.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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