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The proposal, called the You Earn It, You Keep It Act, would eliminate federal taxes on Social Security income.
However, instead of eliminating taxes on Social Security benefits, the bill included a new tax deduction for senior citizens ...
If you’re an older adult, a new bonus tax deduction could provide a valuable tax benefit. Here's how it works.
All the misleading buzz about Social Security and tax cuts for seniors in "one, big, beautiful bill" foreshadows one ugly scene after another at tax preparation offices next year. It's not going to be ...
Congress is nearing a decision on how close its tax-and-spending megabill can get to President Trump’s promise of “no tax on Social Security.” Trump is still saying Social Security benefits won’t be ...
President Donald Trump signed a bill that includes a tax deduction for seniors, but not the elimination of taxes on Social Security benefits. The deduction is temporary, lasting only through 2028, and ...
Now that President Donald Trump's landmark 2025 mega tax bill has become law, you may have noticed that a key campaign promise is noticeably absent. During last year’s presidential campaign, Trump ...
The Social Security Administration (SSA) and President Donald Trump claimed Thursday the president’s domestic policy bill will “eliminate” taxes on Social Security, but that’s not quite accurate: ...
No provision in the new tax bill makes Social Security benefits tax free. Social Security benefits began being taxed at the federal level in 1984 to shore up the Social Security trust fund, which was ...
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