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Social Security, Trump and tax credit

CBS News on MSN · 16h

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 · 16h

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.

Explícame on MSN · 1d

White House says Trump Tax Bill will benefit 33.9 million seniors; but does not eliminate Social Security taxes

The White House claims that 33.9 million seniors will earn $670 on average with the $6,000 deduction, but it does not eliminate Social Security taxes.

2d

GOP tax bill includes a $6,000 ‘senior deduction.’ Here’s who qualifies.

The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...

1don MSN

Lawmakers split after House passes Trump’s megabill

Lawmakers reacted to the House sending the massive tax and spending bill to the White House on July 3, a huge legislative ...

1d

House passes GOP megabill and sends it to Trump; Hakeem Jeffries delays vote with record-breaking floor speech

The bill cleared a key hurdle early this morning after the president and House Speaker Mike Johnson persuaded a group of ...

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