Taxes on Social Security benefits are stirring debate again, as recent changes could affect how some retirees file their returns this tax season.
Congress finally fixed a decades-old Social Security injustice last year, and many retirees thought they’d won. But then came the tax bill, and now Washington is scrambling to clean up the mess it ...
The No Tax on Restored Benefits Act would offer a gross income tax exclusion for retroactive Social Security benefits.
Public sector workers getting restored benefits under last year's Social Security Fairness Act would be spared a tax bill on ...
A group of Democrats in Congress has introduced the Social Security Expansion Act. If passed, the bill would: Expand benefits ...
Social Security beneficiaries may get good or bad news when they receive Form 1099, which shows the amount of benefits earned in 2025 and their tax liabilities when they file taxes in 2026. Two laws ...
For years, some retirees saw their Social Security checks reduced or eliminated because of where — or how — they worked. A recent change to federal law aims to correct that, potentially unlocking ...
While surveys show Americans worry Social Security may run out of money, benefits will continue, one economist says. But just how much future monthly checks amount to will depend on elected lawmakers.