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2. States that tax Social Security benefits — including changes ...

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   Nine states require retirees to pay income tax on their Social Security benefits. ... But if you turn 55 during the tax year, you can write off up to $20,000 in Social Security benefits ...

3. 6 Hidden Tax Breaks for Retirees - AOL

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   In Washington, however, you qualify for a property tax exemption at age 61, though you must still meet income limits. Also See: Medical Expenses You Can Deduct From Your Taxes 3.

4. How all 50 states tax retirement income: A comprehensive list ...

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   New Mexico taxes retirement income using state income tax rates, which range from 1.7% to 5.9% in 2024. Residents ages 65 and older can claim an $8,000 exemption to offset their tax burdens ...

5. Retirees in These States Could Lose Some Social Security ...

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   For someone in the 12% tax bracket, this could be the difference between paying $15,500 in taxes versus $3,720 ($31,000 * 12%). Most Social Security recipients will pay very little, if any, taxes ...

6. The Best (and Worst) States for Military Retirees - AOL

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   The Hawkeye State serves about 500 veterans through the Iowa Veterans Home, which was founded in 1887 and covers 150 acres, making it the fifth-largest veterans retirement home in the country. It ...

7. It's True: These 13 States Don't Tax Retirement Income - AOL

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   In addition to the nine states that simply don't impose any income tax on anyone, four more states don't tax retirement income from 401(k) accounts, IRAs, and pensions, even though they do still ...

8. 3 Ways Retirees on a Budget Can Get Help Filing Their Taxes - AOL

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   Despite free services, retirees with more complex tax situations should hire an affordable tax preparer. Expect to pay an average of $180 per hour for a CPA filing federal and state tax returns ...

9. Retirees in These 10 States Risk Losing Some of Their Social ...

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   Colorado: Retirees 65 and older can deduct all of their Social Security benefits from their state income tax. Retirees 55 to 64 can deduct up to $20,000 in retirement income. Retirees 55 to 64 can ...