Millions of recipients could soon be entitled to the tax break, should the provision make its way into the final bill.

One tax break that isn't in the bill: Mr. Trump's suggestion last year that seniors shouldn't have to pay income taxes on Social Security benefits. "Seniors should not pay taxes on Social Security ...

Donald Trump vowed to eliminate taxes on Social Security, but is his “Big, Beautiful Bill” delivering? Here's latest ...

House Republicans have unveiled planned medicaid cuts. Children rely more on Medicaid and CHIP, Older Americans get more from ...

After decades of working and contributing to the Social Security system, many retirees assume that the benefits they've earned are exempt from federal income tax — but unfortunately, that's not ...

In this episode of Tax Notes Talk, Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco discuss the final version of the House’s reconciliation bill and what’s next as the legislation heads ...

See the chart below to further illustrate. Tax Bracket Shifts: The substantial increase in Social Security benefits might push some recipients into higher federal income tax brackets, affecting ...

For 2025, the federal thresholds are: About half of Social Security recipients pay some income tax on their benefits, with an average effective rate of around 7%, according to the Center on Budget ...

Currently, up to 85 percent of Social Security benefits can be subject to federal income tax, depending on total income. Some 40 percent of benefit recipients currently pay federal income taxes on ...

In 2021, nearly half of Social Security recipients paid federal income tax on at least a portion of their benefits, according to the Congressional Budget Office. That share is projected to exceed ...

For years, policymakers in both parties have raised questions about taxes on Social Security ... income recipients pay the most in taxes on benefits, and they'd reap the most reward from a tax ...

Millions of Americans will receive a little extra Social Security money soon, but advisers warn it may also mean a little extra taxes. "Some people's benefits will increase very little while ...