Financial: Income Tax

A BILL for an Act to amend and reenact subdivisions l and r of subsection 1 of section 57-38-01.2 of the North Dakota Century Code, relating to the maximum individual long-form income tax deduction for military and federal retirement benefits; and to provide an effective date.

A concurrent resolution directing the Legislative Council to study the feasibility and desirability of adjustments to income tax deductions for military and other federal retirees.

Relating to an income tax deduction for military pay; and to provide an effective date.

Exempt from ND State Income Tax

• All Federal "military pay" as member of armed forces for...
  • Federal active duty and
  • National Guard and Reserve pay to include training, education, mobilization, and bonuses.
• All State pay when called to support an emergency on State Active Duty (SAD).

Effective for taxable years beginning after December 31, 2022.

Income Tax Deduction for Military Retirement Pay

• Exempt Federally taxed income from military retirement pay from ND income tax

Property Tax Relief. Freeze Value of Home

• Allows Veterans eligible for disabled Veteran tax credit to freeze value of primary residence
• Fiscal note: $478,000

Tax Exemption: Military retirement Pay.

Pre-Approved by ACOVA and NDVCC

A BILL for an Act to create and enact a new subdivision to subsection 2 of section 57-38-30.3 of the North Dakota Century Code, relating to an income tax deduction for retired military personnel pay; and to provide an effective date.

• Military retirement pay exempt from ND income tax
• Military retirement payments to surviving spouse exempt from ND income tax

Income Tax Deduction for Retired Military Personnel Pay

A BILL for an Act to create and enact a new subdivision to subsection 2 of section 57-38-30.3 of the North Dakota Century Code, relating to an income tax deduction for retired military personnel pay; to amend and reenact subdivision k of subsection 1 of section 57-38-01.2 of the North Dakota Century Code, relating to an income tax deduction for retired military personnel pay; and to provide an effective date.

Military Retired Pay Tax Exemption

Origination: NDDVA, ACOVA

Reduced by the amount received by the taxpayer as retired military personnel pay for service in the United States army, navy, air force, coast guard, or marine corps, or reserve components of the United States army, navy, air force, coast guard, or marine corps, to the extent that retired military personnel pay is included in North Dakota taxable income of the tax payer.

Income Tax Deduction for Retired Military Personnel Pay

A BILL for an Act to create and enact a new subdivision to subsection 2 of section 57-38-30.3 of the North Dakota Century Code, relating to an income tax deduction for retired military personnel pay; to amend and reenact subdivisions k and l of subsection 1 of section 57-38-01.2 of the North Dakota Century Code, relating to an income tax deduction for retired military personnel pay; and to provide an effective date.

• Exempts retired military pay from state income taxes

Income Tax Deduction

A BILL relating to income tax deduction for income of national guard and reserve volunteers for federal active duty; and to provide an effective date.