Saving Social Security Might Involve Raising Taxes. Here's Why It May Not Be as Bad as You Think
You pay 6.2% of the first $176,100 you earn in Social Security payroll taxes in 2025. Self-employed workers pay even more.
Dr. Mehmet Oz may have skirted paying Medicare and Social Security taxes, Democrats say
Dr. Mehmet Oz, who is President Donald Trump’s nominee to lead the Centers for Medicare and Medicaid Services, may have ...
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Receive Social Security Disability Insurance? You Might Have to File Taxes This Year.
Social Security Disability Recipients should check to see if they need to file taxes this year. Here's how to find out if you ...
Blindsided by Social Security benefit taxes? This could make your life easier in 2025
Tax season usually brings a refund check for most workers, but if you're retired, you could wind up owing the IRS.
How to calculate your Social Security tax obligations
The IRS uses what's called "provisional income" to determine how much of your Social Security benefits are taxable. Your ...
41 States That Don't Tax Social Security Benefits
Social Security recipients will be happy to hear that most states do not tax benefits. Below are the 41 states (along with ...
Dr. Mehmet Oz may have underpaid Medicare and Social Security taxes, Senate Democratic memo finds
Dr. Mehmet Oz, President Donald Trump’s nominee to oversee the Center for Medicare and Medicare Services, may have ...
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Tired of Paying Taxes on Social Security? Here’s How Likely That Rule Is to Change
Imagine being retired and having to adjust to living on a fixed income. It may not be the easiest thing to go from a steady paycheck to a combination of modest IRA or 401(k) withdrawals and a monthly ...
Plan to Work and Claim Social Security? 2 Pros and 3 Cons to Weigh First
The federal government can tax up to 85% of your Social Security benefits if your provisional income -- adjusted gross income ...
Trump’s latest tax proposal: No taxes for those earning less than $150,000
If you earn less than $150,000, Trump wants to abolish your taxes, says U.S. Commerce Secretary Howard Lutnick.
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How to calculate your Social Security tax obligations
After years of paying into the Social Security system, many seniors are surprised to learn that the benefits they receive after retirement may be subject to federal income tax. This is generally ...
Will you get a Social Security boost? Millions will. They may get a tax bill, too.
Social Security Fariness Act payments are coming soon to millions of Americans. But that boost could also raise their taxes. What to know.