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News

Social Security, Tax Elimination

MiBolsilloColombia on MSN · 2d
The White House Claims Social Security Tax Elimination, But It's Just a Deduction for Some
In a move that caught the attention of millions of American retirees, the Trump administration announced a tax relief plan for seniors.
USA TODAY on MSN · 10h
Is there still tax on Social Security in Trump’s ‘Big Beautiful Bill?’ What to know
President Donald Trump signed the Republican megabill dubbed the "Big Beautiful Bill" into law on the Fourth of July in a White House signing ceremony complete with a flyover from military planes.
CBS News on MSN · 1d
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.
5don MSN
Social Security letter on taxes sends confusing message, some experts say
While more seniors will get a tax break, the message itself is confusing and could mislead Social Security recipients, some ...
Nasdaq2d
President Trump and the White House Claim the "Big, Beautiful Bill ...
Consider Social Security. The White House issued a statement on July 1 saying that "Under the One Big Beautiful Bill, the vast majority of senior citizens -- 88% of all seniors who receive ...

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