Updated October 5, 2026. Quick answer: No. A Wyoming Legislative Service Office staff document lists “No Individual Income Taxes” in Wyoming’s tax structure, so annuity payments add no Wyoming income tax.
How Wyoming treats annuity income
| Item | What the documents say |
|---|---|
| Treatment | Not taxed by the state |
| Where it is written | Wyoming Legislative Service Office, Wyoming Tax Structure comparison (2021) |
| Annuities | The document does not name annuities; it lists no individual income tax |
| Date of the source | The document is from 2021 and prints no rate or exclusion; no newer state document was retrievable |
A $24,000 example
A stream of $24,000 in annuity payments adds $0 of Wyoming income tax. Federal tax on the payments still applies.
What changes in 2026
The latest documents read print no 2026 change to the way annuity income is taxed.
Federal rules
The state’s treatment sits on top of the federal one. The IRS explains the federal side in Topic no. 410, Pensions and Annuities and Publication 575, Pension and Annuity Income.
Related: whether Wyoming taxes pensions, how Wyoming taxes retirement income, state tax on 401(k) and IRA withdrawals, how a surrendered annuity is taxed, and pension and annuity decisions.
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Answer againSources
- Wyoming Tax Structure: A comparison to selected other states (Wyoming Legislative Service Office, Budget/Fiscal staff): https://wyoleg.gov/InterimCommittee/2021/03-202105102-6.wyotaxstructurecomparisontootherstatesLSO.pdf
Sources: the primary documents linked above, read on October 5, 2026. General information, not tax advice. Your own facts decide the outcome, and a preparer, the plan administrator or the agency itself is the right place to confirm anything consequential.