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8 Most Tax-Friendly States for Retired Taxpayers

tax-friendly states
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1. Tennessee

We start off this list of tax-friendly states with Tennessee, which is the 16th state, located in the upper South of the eastern United States, and borders eight states: Alabama, Arkansas, Georgia, Kentucky, Mississippi, Missouri, North Carolina, and Virginia.

Tennessee expects to appeal to retirees who hinge profoundly on investment income since Tennessee does not charge any income taxes.

Consequently, Social Security retirement reimbursements and income from retirement accounts are not taxed at the state level. Property taxes in Tennessee are quite low too.

Offering new arrivals lots of outdoor recreation and a countryside lifestyle, Tennessee is one of the fastest budding and tax-friendly states in the U.S. with one of the fastest-growing cities – Nashville, the heart of the country-music scene, with the long-running Grand Ole Opry, the Country Music Hall of Fame and Museum.

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