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Taxation of Social Security Benefits–A Reminder of How the Process Works
The deadline for filing 2024 income tax returns is still more than two months away, but for those receiving Social Security benefits, now’s a good time for a refresher on how the taxation of those benefits is applied. A post today by The Senior Citizens League (TSCL) Charman Edward Cates explains how Social Security benefits factor into the income tax liability process, including a bit of history on how this level of taxation came about decades ago. Cates’ post, which you can read in full here, also describes the efforts TSCL is making to lessen this part of the tax burden currently levied on America’s seniors.