You can also request that the IRS withhold money for taxes from your Social Security checks up front. This would save you the trouble of having to do the math to figure out how much you might owe. If it withholds too much from your checks, you'd get the extra back as a refund when you file your tax return.

A new analysis reveals that the policy change would mainly benefit high-earning retirees or those close to retirement.

However, while the House of Representatives did pass a budget resolution, this resolution did not provide funding to federal agencies or change tax law. Therefore, it did not and could not abolish taxes on income from tips, overtime work or Social Security.

Social Security beneficiaries with higher incomes pay income tax on part of their benefits. Repealing the taxation of Social Security benefits, as President Trump has proposed, would be

Ways to avoid paying taxes on Social Security benefits. Before we dive into some ways to potentially reduce your tax burden, it’s good to remember that the portion of your benef

Eliminating taxes on Social Security benefits would provide current beneficiaries with thousands more dollars but could cause younger generations to lose thousands in benefits.

Social Security retirement benefits are subject to taxes in many cases. But familiarity with the rules and some advance planning can limit the impact.

There's a decent chance that many Social Security recipients will be paying more taxes on their benefits this year than in years past because of a confluence of events, a situation which