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Let me ask a stupid question (am not yet a Social Security recipient.)
If you get, say, $2,500 a month from S.S., is it taxed? For example, if your paycheck at a job were $2,500, you'd expect to "net" about $1,850-ish, i.e., $2,500 in pay with about a quarter ($650-ish) lost in taxes. So you only end up with $1,850. Is that how Social Security works, or do you get the whole $2,500? Thanks for any info. |
Some of it, under some circumstances: https://www.ssa.gov/faqs/en/questions/KA-02471.html |
Well, by default, the SSA does not withhold taxes from your check. If they are withholding taxes, it is because you have filed a request for them to do so. I am assuming that in order to change that, you will need to file a new form. When this law goes into effect, there are still some people who will be paying taxes on their benefits. The SSA does not know who those people are, so you will need to inform them. ----------- How can I have income taxes withheld from my Social Security benefits? June 30, 2025 · En español · Share If you receive Social Security benefits, you can ask us to withhold funds from your benefits, and we will credit them toward your federal taxes. You can sign in to or create a personal my Social Security account to check, start, change, or stop your Voluntary Tax Withholding (VTW) request rate online. This VTW self-help option will help you to have federal taxes withheld timely, reducing the potential of owing federal taxes at the end of the tax year. See Withholding Income Tax From Your Social Security Benefits for more information. https://www.ssa.gov/faqs/en/questions/KA-02477.html |
By default, the SSA does NOT withhold taxes on benefits. In order to have the SSA withhold money for taxes, you need to file a form requesting them to do so. Otherwise, you get the full check. That does NOT mean that you won't owe taxes on that money. The amount of tax you owe naturally depends on the amount of income you receive - including your SS benefits. |
| I got this garbage too. I’m in Europe and we laughed at how bad this email is. My American friends who live abroad are just appalled at the state of the U.S. It’s turning into a horrible Hunger Games existence. Dog eat dog. No safety net at all. |
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It was double taxation to tax Social Security and no system should ever have been allowed to tax SS benefits.
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The senior bonus ends after 2028.
If you have income and collect Social Security, the bonus fades to zero at $150k AGI for a single filer. So we get nada. |
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News coverage of Trump gang's illegal, fraudulent email spam:
https://www.nbcnews.com/politics/trump-administration/social-security-administration-sends-misleading-email-lauding-trumps-n-rcna216990 |
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An explainer from the NY Times:
https://www.nytimes.com/2025/07/06/your-money/social-security-tax.html The BUB adds an additional $6,000/person deduction for tax filers 66+, phasing out beginning at $75,000/single filer ($150,000 per couple). Note that most Social Security recipients barely owe income tax as it is: "Under current law, an estimated 64 percent of beneficiaries did not owe taxes on their Social Security benefit." The new deduction expands the group of non-owers to about 88%. The new elder deduction only lasts til 2028, and, as usual, benefits middle-class baby boomers at the expense of Gen X, for whom Social Security will now run dry a year earlier. |
It technically benefits Trump with the cynical "it lasts until I'm out of office" nonsense. This bill was done for the vanity of the orange moron. |
+1 The vast majority of social security recipients don’t make enough money to pay federal taxes. |
Wealthy Americans are Americans too, but the way the leftists here talk, you'd think they were enemy soldiers that need to be defeated. Any tax cuts will help the wealthy because they pay almost all of the taxes. The middle and working class have already had their taxes cut to almost nothing. What more do you want? Socialism? |