House Bill Proposes to End Social Security Tax for Retirees
CPA Practice
FEBRUARY 12, 2024
By Katelyn Washington, Kiplinger Consumer News Service (TNS) A proposal to end federal tax on Social Security retirement benefits would provide relief for retirees as early as next year. As Kiplinger reported, the Social Security tax wage base jumped 5.2% The Social Security payroll tax wage base was $160,200 last year.
Let's personalize your content