(a) Benefits of AS 39.35.095 — 39.35.680 are exempt from Alaska state and municipal income taxes.
(b) Benefits paid under AS 39.35.095 — 39.35.680 may be subject to federal income taxes as provided in 26 U.S.C. 72.
State and federal taxation of benefits
(a) Benefits of AS 39.35.095 — 39.35.680 are exempt from Alaska state and municipal income taxes.
(b) Benefits paid under AS 39.35.095 — 39.35.680 may be subject to federal income taxes as provided in 26 U.S.C. 72.
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.