Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...

A new deduction will lower the tax bill for many older Americans this year. Taxpayers, however, need to ensure they qualify and claim the deduction when they file their taxes this year.

Wondering whether you'll need to pay taxes on your Social Security benefits is a very common concern for many seniors and individuals nearing retirement. The answer, though, is not so straightforward, ...

Voters heard a simple promise about Social Security taxes: that the new budget law would wipe them out for retirees. The ...

Yes, the federal government will take a cut of Social Security, which can include monthly retirement, survivor and disability benefits, if total income exceeds certain amounts. But recipients also ...