Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

40 States That Don't Tax Social Security Benefits


The holidays are behind us and now we're entering the much less fun tax season. Soon, we'll have to share all the details of our 2023 income and expenses with the IRS. It's pretty straightforward for most workers, but it can be more complicated for retirees. They'll have to pay taxes on all tax-deferred retirement income and any income from a job. And they could owe Social Security benefit taxes as well. Here's a look at which states have these taxes and how the federal government handles benefit taxes as well.

Image source: Getty Images.

The following 40 states don't touch a penny of their seniors' Social Security benefits:

Continue reading


Source Fool.com


Comments