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Social Security, tax deduction

NBC New York · 6h

What does the new Social Security tax deduction mean for seniors over 65?

President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.

CBS News on MSN · 2d

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 at the end of 2028.

Kiplinger · 1h

Social Security Email on 'Big Beautiful Bill Tax' Changes Sparks Confusion

The SSA’s July 3 email announced that the One Big Beautiful Bill Act (signed into law by President Donald Trump on July 4) would essentially eliminate federal income taxes on Social Security benefits for most recipients.

6don MSN

Trump Said ‘No Tax on Social Security.’ The Tax Bill Comes Closer to It.

The tax savings for a married couple with $100,000 of income could be about $1,600 a year under the Senate plan. It amounts ...

2hon MSNOpinion

Social Security Administration takes a step too far with deceptive email on megabill

When Americans can no longer trust the information it receives from the Social Security Administration, there's a problem.

NBC News on MSN2d

Social Security Administration sends misleading email lauding Trump's new tax cuts law

The emails say nearly 9 in 10 Social Security beneficiaries won’t pay income taxes on their benefits in the future. But the ...

3d

Tax break for seniors: Trump bill includes additional $6,000 deduction

The sweeping domestic policy bill that passed the House on Thursday will boost the standard deduction for senior citizens by ...

4don MSN

Experts warn Senate tax bill accelerates Medicare and Social Security insolvency dates

An analysis by CRFB finds the Senate's One Big Beautiful Bill Act would hasten Social Security and Medicare trust fund ...

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