Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

Eligible Kentuckians can potentially save money in 2025 this tax season by submitting their documents through the IRS' Free File program.

Your age does not have an impact on whether you will owe federal tax ... Social Security benefits are taxed on amounts exceeding the "provisional income" limit set by the IRS. To calculate your ...

Did you know that, in most cases, you must start taking required minimum distributions (RMDs) from your retirement accounts each year once you reach age 73? IRS rules require that you take withdrawals ...

A new bill introduced by U.S. Senators Roger Marshall and Marsha Blackburn proposes significant changes to Social Security ...

A bill brought to the House of Representatives by Republican lawmakers would amend the tax code to remove taxes on Social ...

If enacted, millions of retirees could be exempted from federal taxes on their Social Security income. In this photo illustration, a Social Security card sits alongside checks from the U.S ...

The IRS Publication 915 (2024) offers now a comprehensive guide to help you determine if your benefits are taxable, how to ...

Fortunately, the list of states that tax Social Security is shrinking, and only nine will do so in 2025. “The list of states that do not tax Social Security is much longer than those that do ...

These workers did not pay Social Security taxes. This law increases Social Security benefits for certain types of workers, who did not work in Social Security-covered employment or where they paid ...

Former President Donald Trump promised no tax on Social Security benefits to help seniors on fixed incomes. He blamed Kamala Harris for hurting seniors. A new report by the Committee for a ...

Nearly all federal payments to Americans, including Social Security benefits, tax refunds, and veterans' benefits, go through the Bureau of the Fiscal Service, which is within the Treasury Department.