Latest News
Nebraska to Join List of States Not Taxing Social Security Benefits
The Nebraska State Legislature has passed a bill to begin a gradual repeal of the tax levied on Social Security income in that state. Between this year and 2030, the amount of Social Security income subject to state income tax will be steadily reduced until completely gone in 2030. Gov. Pete Ricketts is expected to sign the law, passed by a 41-0 vote. Here’s a post from kios.org (Omaha) announcing the step taken. This will reduce the number of states still taxing Social Security revenue to 12.
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.