WYOMING RETIREMENT INCOME TAX · TAX YEAR 2026
Does Wyoming tax Social Security and retirement income?
Wyoming has no personal income tax, so it does not tax Social Security, pensions or 401(k) and IRA withdrawals. A single 67-year-old with $24,000 of Social Security, a $20,000 private pension and $10,000 of IRA withdrawals pays no Wyoming income tax for 2026. Federal income tax on the same income is $1,810.
Your estimate
- Wyoming income tax
- $0.00
- Federal income tax
- $1,810.00
- Total income tax
- $1,810.00
Federal tax on Wyoming retirees at different incomes
Federal income tax is the only income tax a Wyoming retiree pays. These are 2026 federal figures for a single 67-year-old with $24,000 of Social Security, and for a married couple, both 67, with $20,000 each. Half the pension and IRA income is a private pension and half IRA withdrawals.
| Pension and IRA income | Single | Married |
|---|---|---|
| $20,000 | $0 | $0 |
| $40,000 | $4,030 | $1,210 |
| $60,000 | $7,158 | $5,084 |
| $100,000 | $16,486 | $9,884 |
| $150,000 | $29,072 | $20,352 |
Does Wyoming tax Social Security?
No. Wyoming has no personal income tax, so it does not tax Social Security benefits. Up to 85% of benefits can still be taxed on the federal return.
Of the single 67-year-old's $24,000 in benefits, $11,300 is federally taxable and Wyoming taxes none of it. Of the couple's $40,000, $28,100 is federally taxable and Wyoming taxes none of it.
Does Wyoming tax pensions?
No. Wyoming does not tax private pensions, government pensions or military retirement pay, at any age. They are still taxed on the federal return.
With $24,000 of Social Security and a $40,000 pension, a single 67-year-old pays no Wyoming income tax for 2026. Federal income tax on that income is $4,030.
Does Wyoming tax IRA and 401(k) withdrawals?
No. Wyoming does not tax traditional IRA or 401(k) withdrawals at any age. They are still taxed on the federal return; qualified Roth IRA withdrawals are not.
Does Wyoming have property tax breaks for seniors?
Owners 65 and older who have paid Wyoming property tax for at least 25 years can exempt 50% of the value of their home and up to 35 acres, on the first $3,000,000 of value; the exemption is set to end in 2027 unless the Legislature extends it. Every owner-occupied home also gets 25% off its taxable value on the first $1,000,000. Proposition One, on the November 2026 ballot, would exempt 50% of a primary residence's assessed value from 2027 if approved.
Does Wyoming have an estate or inheritance tax?
No. Wyoming's inheritance tax equals a federal credit that ended after 2004, so in practice it collects no estate or inheritance tax.
What the calculator leaves out
Wyoming property and sales taxes are not included.
Federal tax uses the 2026 brackets, the standard deduction with the extra amount at 65, and the $6,000 senior deduction. Estimates assume no other deductions, credits or local taxes except as noted.
Sources
- IRS Publication 915, Social Security benefits
- IRS Revenue Procedure 2025-32
- IRS: deductions for seniors under the One Big Beautiful Bill Act
- Wyoming LSO tax structure summary (June 2025)
- Wyoming Department of Revenue: homeowner and long-term homeowner exemptions
- Wyoming Secretary of State: 2026 statewide ballot propositions
- Wyoming LSO: review of state revenue distributions (2021)