Is a NJ police/fire deferred retirement pension taxed federally, if person moves out of counrty?

Posted by Dolores
Dutchcracksoldier asked:


and has NO more bank accounts, monies, property, investments, etc in the States. I know NJ state will not take anything out of pension check, but doesn’t something have to be taken out of pension check Federally? or not because I dont live in the States or have any monies etc at all.

pension
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This entry was posted on Thursday, April 22nd, 2010 at 3:41 am and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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One Response to “Is a NJ police/fire deferred retirement pension taxed federally, if person moves out of counrty?”

  1. v b Says:
    April 25th, 2010 at 2:42 am

    Kansieo.com

    The IRS will tax you if you have a taxable income above the filing requirement.

    For someone who is single and under 65, the income cutoff is $8750. Above that, you could owe. The fact that you live outside the USA does not change this.