How much of my Social Security is taxable? It varies by state

  • by:
  • Source: USA TODAY
  • 01/17/2024

Social Security recipients received the largest cost-of-living adjustment in four decades in 2023. But because those payments boosted their incomes, many of those beneficiaries could take a financial hit this tax season.

Retirees may know that the federal government will tax their Social Security, which can include monthly retirement, survivor and disability benefits if their total income exceeds certain amounts. But fewer may realize that some states also will levy a tax. 

Only about a dozen states are taxing Social Security benefits this year, and that number will drop further next year. While each state has different rules on what or how they will tax your Social Security money, age and income usually determine if you pay.

Social Security by twenty20photos is licensed under Envato Elements Envato Elements

Help FAIRtax Become The Number One Issue in 2025

Enacting the FAIRtax must be a prominent topic in these times. We did it before, we can do it again, but we need your help!

Help out with a One-Time Contribution

Your gift of $25, $50, $100 – even $1,000 or more if you can possibly spare it – will help FAIRtax.org bring an end to the IRS and promote a FAIRtax. So, I urge you, please give as generously as you can.

Billing information (REQUIRED)

Payment information (REQUIRED)

To donate by check:
Americans for Fair Taxation
PO Box 4929
Clearwater, FL 33758

If you need to make changes for any reason to your existing Monthly Donation or if you have a question about any charge, Please email info@FAIRtax.org or call ‭(800) 324-7829‬
Provide ONLY your name and phone number, do not provide any card info.

Please Note that inputting your new information at our website won't update your account.

Thank you for your support!


Americans for Fair Taxation® is a 501(c)(4) non-profit, non-partisan grassroots organization solely dedicated to replacing the current income tax system with a fair, simple and transparent national consumption tax – the FAIRtax® Plan. We rely entirely on contributions from concerned citizens like you who want a tax system that will generate jobs and stimulate the economy. Welcome to the FAIRtax team!

Connect

Share