Does your state tax your Social Security benefits?
37 states don’t tax their residents’ Social Security benefits. Is your state one of them, or do you live in one of the 13 states that do levy tax on your Social Security income? And just how generally “tax friendly” is your state, considering other taxes such as sales tax, property taxes, state income tax, and taking a cut from your 401(k) and IRA distributions? Find out all of this in Sandra Block’s article appearing at Kiplinger.com. Click here to read more.
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