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For example, West Virginia enacted a law to begin phasing out the state income tax on Social Security over three years for individuals making under $50,000 and joint filers making under $100,000.
Rhode Island taxes all retirement income, including Social Security, with three state income tax brackets ranging from 3.75% to 5.99%. But seniors with AGIs below the state’s income limits can ...
Learn whether your state taxes Social Security ... Centennial State can write off all of their taxable Social Security benefits. ... benefits at its flat state income tax rate of 4.55% in 2024. ...
Montana: Any Social Security income included in your federal taxes is also subject to state taxes. Taxpayers over 65 receive an additional $5,660 deduction on their state taxes.
For example, in Colorado, residents ages 65 and older have been able to fully deduct federally taxed Social Security benefits on their state income tax returns since tax year 2022. For 2025, that ...
Otherwise, taxes in the range of 3.75% to 5.99% apply, resulting in a tax bite of between $66.91 and $106.87 monthly on the average Social Security benefit. Utah. Utah’s flat tax rate of 4.85% ...
Colorado’s state tax rate is 4.40 percent for the 2024 tax year. Colorado taxpayers who are 65 and older as of Dec. 31 of the tax year can subtract the full amount of their Social Security ...
Colorado. In 2025, Colorado will continue to tax the benefits of Social Security recipients. Of note, though, is the fact that recipients in Colorado who are between the ages of 55 and 64 and have ...