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Social Security, tax bill

CBS News on MSN · 1d

Does the "big, beautiful bill" eliminate taxes on Social Security?

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire in at the end of 2028.

FingerLakes1.com · 2h

“Big, Beautiful Bill” Delivers Social Security Tax Break — But There’s a Catch

President Trump’s “Big, Beautiful Bill” will cut taxes on Social Security income—but not everyone qualifies. Here’s what it means for retirement planning.

Newsweek on MSN · 1d

Social Security Responds to Trump's 'Big, Beautiful Bill'

The newly passed legislation awaits Trump's signature in a White House ceremony on Friday following a 218-214 vote in the House.

1h

Social Security letter on taxes sends confusing message, some experts say

The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly ...

2h

Does the Big Beautiful Bill eliminate taxes on Social Security? It doesn't, and here's why

One of the marquee promises of President Donald Trump's One Big Beautiful Bill Act (OBBBA) was the elimination of taxes on ...

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