If you receive a Form 1099-INT for interest income on deposits that were frozen at the end of 2014, see Frozen deposits under How To Report Interest Income in chapter 1 of Publication 550, for information about reporting this interest income exclusion on your tax return.
What are the most income tax-friendly states for retirees? That would be the seven states â Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming â that donât tax personal income; and the two states â New Hampshire and Tennessee â that collect income tax only on interest and dividend income.
The 10 Best States for Property Taxes. MOST POPULAR. No one loves paying taxes, but Americans find one type of tax particularly exasperating. Gallup pollsters have found that, when asked which is the worst or least fair tax, more people cite local property taxes than the federal income tax, Social Security tax, or state income and sales taxes.