Questions & Answers

What is the Retirement Income Exemption for Taxpayers Age 65 or Older?

The software will automatically calculate the Retirement Income Exemption for Taxpayers Age 65 or Older for you. Up to $6,000 of your annual retirement income ($12,000 if Married Filing Jointly) can be subtracted on your Louisiana return if the income was taxable on your federal tax return.

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