Jump to content

SIMPLE State Tax Treatment of Employee Deferrals

Guest Fishchick

Recommended Posts

Guest Fishchick

Do all states allow for an employee participating in a SIMPLE IRA to exclude the employee deferral contributions from his income for income tax purposes? I have heard that there may be some states which don't recognize SIMPLE IRA's and require taxpayers to add their deferrals to their income for State tax reporting?

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...