The 13 States That Tax Social Security Benefits
Tens of millions of Americans rely on Social Security income to help them make ends meet in retirement. The last thing most retirees need is for the government to take a chunk of their benefits away in taxes. Yet the federal government in some cases makes Social Security benefits taxable. Moreover, although the vast majority of states are kind enough to exempt Social Security benefits from taxation, there are more than a dozen that add state-level income taxes of their own.
Out of the 50 states in the U.S., the following 13 states have provisions that impose state income tax on Social Security in certain circumstances:
Colorado
Source: Fool.com
