Social Security is a financial lifeline for millions of Americans in retirement. However, many are unaware that up to 85% of ...

Sometimes called “freelance income,” self-employment income is also taxable. You have to file an income tax return on freelance income if your net earnings for the year were $400 or more.

A new $6,000 senior tax deduction under the OBBBA could help retirees save big on Social Security taxes & offer relief to ...

If your combined income is between $25,000 and $34,000, up to 50% of your benefits may be subject to tax. If your combined income exceeds $34,000, up to 85% of your benefits may be taxable.

The White House says the One Big Beautiful Bill Act got rid of taxes on Social Security; finance experts disagree.

Experts say retiree Social Security is still taxable and you'll need to read the fine print to understand your situation and ...

Trying to keep up with changes can be a lot to digest, but focusing on the most impactful can help you stay informed without ...

The Trump bill — which was enacted in early July — introduces an additional tax deduction for taxpayers who are 65 or older.

As simple as those threshold amounts sound, the actual calculation of how much of your Social Security benefits will be taxable is complex. The first step is to add up all your income, including ...