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News

GOP mega bill won't end Social Security taxes

CBS News on MSN · 1h
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.
Forbes on MSN · 2h
Trump Claims Bill ‘Eliminates’ Taxes On Social Security — Here’s Why That’s False
The Social Security Administration reportedly sent out an email claiming the policy bill “eliminates federal income taxes on Social Security benefits for most beneficiaries”—but that’s not true.
The Washington Post on MSN · 27m
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 exempt those payments from taxes.
3don MSN
Trump Said ‘No Tax on Social Security.’ The Tax Bill Comes Closer to It.
The bill that passed the Senate includes a $6,000 senior tax deduction, compared with the House’s $4,000 deduction.
1d
What's in Trump's big bill that passed Congress and will soon become law
Republicans muscled President Donald Trump’s tax and spending cut bill through the House on Thursday, the final step necessary to get the bill to his desk by the GOP’s self-imposed deadline of July ...

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