The Lynn Greer Retirement Income Tax Cut Act
Alabama passed The Lynn Greer Retirement Income Tax Cut Act to take effect January 1, 2023. The Act exempts the first $6,000 in taxable retirement income for certain retirees. I was not sure how to handle this on my State return so I asked OnLine Taxes. They got back to me really, really fast. In fact, their tax software was set up to handle this and if I had waited until I got that far, I might have figured it out on my own but I appreciated the help.
By Judy C.

