New Mexico has an income ... a more tax-friendly state for retirees over the past year. New Mexico tax on retirement benefits: As of 2022, New Mexico does not tax most Social Security benefits.

Note: New Mexico technically taxes Social Security benefits, but many retirees won’t pay a dime to the state at tax time. That’s because legislation passed last year provides higher income ...

However, if you bring in more income, you could have to pay taxes on part ... tax Social Security income include Colorado, Connecticut, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico ...