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Social Security, tax credit and spending bill

Forbes on MSN · 6h

Trump Claims Bill ‘Eliminates’ Taxes On Social Security — Here’s Why That’s False

The Social Security Administration reportedly sent out an email claiming the policy bill “eliminates federal income taxes on Social Security benefits for most beneficiaries”—but that’s not true.

CBS News on MSN · 6h

Does the "big, beautiful bill" eliminate taxes on Social Security?

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire in at the end of 2028.

Investopedia on MSN · 2d

Instead of Eliminating Social Security Taxes, the Big Beautiful Bill Provides a 'Senior Bonus'

Trump says the "Big Beautiful Bill" eliminates taxes on Social Security benefits. However, the bill's text shows that's not quite the case.

36m

Congress' Newly Passed Bill Means Homeowners Could Save Thousands In Taxes

A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.

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Ken Griffin owns NYC's priciest condo. Mamdani wants to hike his property tax — and others.

Zohran Mamdani wants Ken Griffin to pay more tax on his Central Park penthouse. We break down what it means for homeowners ...

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U.S. House Republicans Advance Trump Tax-Cut Bill Opening Way for Debate

The Republican-controlled U.S. House of Representatives on Thursday advanced President Donald Trump's sweeping tax-cut and ...

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