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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 ...
Federal Tax Filing Type. Combined Income. Percentage of Social Security Benefits That Are Taxable. Single. Less than $25,000. 0%. $25,000 to $34,000. Up to 50%
Image source: Getty Images. 41 states that don't tax Social Security benefits. I won't keep you in suspense. If your state is on the following alphabetical list, it doesn't have any tax on Social ...
While West Virginia will eventually phase out its state income tax on Social Security benefits in three years thanks to a newly passed law, for the time being individuals who make less than ...
In 2025, Colorado residents between the ages of 55 and 64 will be exempt from state Social Security taxes if they have an AGI of less than $75,000 for single filers and $95,000 for joint filers ...
Seniors living in Vermont can expect to pay between 3.35% and 8.75% in state income tax, but whether your Social Security benefits are excluded depends on your filing status and adjusted gross income:
The newest member of this list is Kansas, which signed a law in June that eliminated its state tax on Social Security. States where you may have to pay taxes on Social Security. Unfortunately, 41 ...
However, thanks to recent legislation, the state will phase out the state income tax on benefits by 2025 gradually. It began with a reduction of 5% for 2022, 20% in 2022, 30% in 2023, 40% in 2024 ...