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Reply to "Social Security as a Propaganda tool"
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[quote=Anonymous][quote=Anonymous][quote] the reality https://www.investopedia.com/eliminating-soci...enior-bonus-11743513 President Donald Trump has promised to eliminate taxes that beneficiaries pay on their Social Security checks. The Big Beautiful Bill does not eliminate taxes on Social Security benefits, but it does give a temporary tax break to those 65 and older with a modified adjusted gross income of up to $75,000—what some are calling a "senior bonus." Eliminating income taxes on Social Security benefits would drain the trust funds that back the program faster than already projected. [/quote] +1 I will believe the Social Security "no tax" when they stop taking taxes out of my SS check. They would lose a LOT of money if they did this. [/quote] 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[/quote]
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