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Nebraska, Utah Making Strides Toward Exempting Social Security from Taxation

There are only a handful of states that impose income tax on Social Security benefits, and that number is on the verge of dwindling further.  Nebraska and Utah, for example, are taking steps in this direction as explained in two recent articles, which you can access here:

Senators hear bill to exempt Social Security benefits from state income tax in Nebraska

Utah Senate approves $43 million in tax cuts for retired military, Social Security

Meanwhile, the Association of Mature American Citizens (AMAC) is actively advocating federal-level elimination of the Senior Citizen Tax, a provision of the IRS code that, in our opinion, unfairly penalizes many seniors by subjecting their Social Security benefits to federal income tax. For more on this subject, see the February 12 AMAC news article ( https://amac.us/the-fight-goes-on-to-eliminate-income-taxes-on-social-security-and-railroad-retirement-benefits/)

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