Some Retirees Pay State Income Tax on Social Security in These 8 States
More states used to tax Social Security, but now we're down to these eight.
Overview
Just about all of us have Social Security benefits to look forward to each month -- or we may already be receiving them. Indeed, as of 2024, nearly 73 million people were collecting Social Security benefits. The checks may not be as big as we'd prefer, but they're still likely to make up a significant chunk of our retirement income.
So whether we get taxed on that income is kind of important to know.
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Details
Source
Originally published at www.fool.com.
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