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Posted by Harlan Lunsford on February 12, 2008, 10:06 pm
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Paultry wrote:
> An easy one for Harlan:
>
> Form 40 instructions show "U.S. Government Retirement Fund Benefits" to
> be non-taxable. Do post-age 55 retirement distributions from the
> Federal Thrift Savings Plan qualify as non-taxable in Alabama under this
> or any other exclusion?
>
Nope.
TSP contributions are pre tax, similar to 401k and IRA, etc, so
withdrawals for a resident are taxable.
Remember, the TSP is not a US government retirement fund per se, but
elective deferrals.
ChEAr$,
Harlan
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