Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced deduction for seniors.

The Social Security Fairness Act provided more than 2.8 million beneficiaries with higher payments. Here's what to know about ...

The Social Security Administration (SSA) has emphasized the significance of two tax forms that beneficiaries should expect by December 26. These forms are critical for accurately filing your federal ...

Do You Need to Pay Taxes on Social Security? Maybe. Here's How to Figure It Out ...

Wondering whether you'll need to pay taxes on your Social Security benefits is a very common concern for many seniors and individuals nearing retirement. The answer, though, is not so straightforward, ...

Some states don't have any income tax, meaning retirement income is also exempt. Seven states offer exemptions for various forms of retirement income. Forty-one states, plus Washington, D.C., don't ...

Two laws enacted in 2025, President Donald Trump's "big beautiful bill" and the Social Security Fairness Act, may change beneficiaries' federal tax liability on their benefits. Here's how those ...

Check if you're off the hook with state and federal taxes.

Seven states offer exemptions for various forms of retirement income. Nine states don't have any state income tax, which also applies to retirement income. Remember that Federal tax rules apply to ...

You might think that one of the benefits of retirement might be never having to file your income taxes, but think again. Certain people are required to pay taxes on Social Security benefits, and in ...