Roughly 800,000 retirees in Oregon are expected to benefit from a new federal deduction that exempts most Social Security ...

Roughly 600,000 retirees in Oklahoma are expected to benefit from a new federal deduction that exempts most Social Security ...

Roughly 2.1 million retirees in Ohio are expected to benefit from a new federal deduction that exempts most Social Security ...

Roughly 400,000 New Mexico retirees are expected to benefit from a new federal deduction that exempts most Social Security ...

South Carolina retirees are expected to benefit from a new federal deduction that exempts most Social Security income from ...

Texas retirees are set to benefit from a major federal tax change aimed at easing financial pressure on older Americans.

If your income exceeds $150,000 for a single adult or $250,000 for a married couple, you won't qualify for the $6,000 senior ...

Employers are responsible for providing statements for workers to claim federal income tax deductions on overtime compensation.

Roughly 1.8 million Georgia retirees are set to gain from the new federal senior deduction, which exempts most Social ...

Roughly 100,000 Alaskan retirees stand to gain from the new federal senior tax deduction, which exempts most Social Security income starting in 2026. With high living costs and rural challenges, ...

For seniors across the country, perhaps the most noteworthy aspect of the new bill is the additional deduction for this ...

The senior bonus deduction, Watson points out, applies to any source of taxable income that a taxpayer who is 65 or older has and may not necessarily eliminate all tax on Social Security benefits.