Latest News

Clearing Up the Confusion on Taxability of Stimulus Payments

As tax season presses on, many seniors have held their breath on whether or not last year’s stimulus payments will affect the calculation of their modified adjusted gross income for federal tax purposes. Fortunately, the answer is that these payments will have no affect, as explained in a post by the editorial folks at msn.com. Read it here…

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

Website by Geiger Computers