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

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   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:

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

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   Massachusetts taxes most retirement income using its 5% state income tax. Seniors may be exempt from paying state income tax if they are a single filer making $8,000 or less, a head of household ...

4. List of states that tax Social Security benefits - AOL

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   The exemption applies in full for married filing jointly and civil union filing jointly up to $65,000 in adjusted gross income. For all other filers, the income threshold for the full exemption is ...

5. Taxpayer Relief Act of 1997 - Wikipedia

   en.wikipedia.org/wiki/Taxpayer_Relief_Act_of_1997

   The act permanently exempted from taxation the capital gains on the sale of a personal residence of up to $500,000 for married couples filing jointly and $250,000 for singles. This exemption applies to residences the taxpayer(s) lived in for at least two years over the last five. Taxpayers can only claim the exemption once every two years. [4]

6. Tax bracket - Wikipedia

   en.wikipedia.org/wiki/Tax_bracket

   If all itemized deductions are added up and it is less than the standard deduction, the standard deduction is taken. In 2007 this was $5,350 for those filing individually and $10,700 for married filing jointly. Personal exemption is a tax exemption in which the taxpayer may deduct an amount from their gross income for each dependent they claim ...

7. Homestead exemption - Wikipedia

   en.wikipedia.org/wiki/Homestead_exemption

   Allowing a tax-exempt homeowner to vote on property tax increases to homeowners over the threshold, by bond or millage requests For the purposes of statutes, a homestead is the one primary residence of a person, and no other exemption can be claimed on any other property anywhere, even outside the boundaries of the jurisdiction in which the ...

8. I Live In a State That Taxes Social Security — How That’s ...

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   Currently, those who are 65 or older in Colorado can fully deduct Social Security benefits from their state income, per AARP, but that was a recent change in Colorado’s tax law. Helen retired at ...

9. Tax breaks after 50 you might not know about - AOL

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   Free tax filing assistance. ... Are seniors exempt from capital gains tax? ... Colorado generally taxes Social Security benefits over $20,000 for residents ages 55 to 64 and $24,000 for residents ...