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Social Security, Trump and tax credit

CBS News on MSN · 2h

Does the "big, beautiful bill" eliminate taxes on Social Security?

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire in at the end of 2028.

Forbes on MSN · 2h

Trump Claims Bill ‘Eliminates’ Taxes On Social Security — Here’s Why That’s False

The Social Security Administration reportedly sent out an email claiming the policy bill “eliminates federal income taxes on Social Security benefits for most beneficiaries”—but that’s not true.

CNN on MSN · 4h

Social Security Administration praises Trump’s agenda bill in widely sent out statement

The Social Security Administration this week sent out an email to many Americans celebrating the passage of President Donald Trump’s domestic policy bill, and touting the measure’s tax relief for seniors, in a move that analysts said strayed from the agency’s typically apolitical nature.

1hon MSN

Social Security letter on taxes sends confusing message, some experts say

The Social Security Administration says most won’t pay federal income taxes on their benefits. But Congress didn’t directly ...

10hon MSN

Social Security’s Bisignano Hails US Tax Bill as ‘Historic Step’

Social Security Commissioner Frank Bisignano lauded the $3.4 trillion fiscal tax package bill passed by the US House this ...

1don MSN

Live Q&A: The ‘Big Beautiful Bill’—We Answered Your Questions

WSJ subscribers asked about what the bill means for SALT, electric vehicles, estate taxes, Social Security, Medicare and more ...

11hon MSN

Five major policies to know from the One Big Beautiful Bill Act

Republicans in Congress passed President Donald Trump's One Big Beautiful Bill Act, which extends a variety of tax cuts for ...

13hon MSN

Here’s who stands to gain from the ‘big, beautiful bill.’ And who may struggle

President Donald Trump has promised that the “big, beautiful bill” passed by the Senate and being considered by the House of ...

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