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In some cases, some or all of your Social Security income can be state tax-free. For those who have to pay, monthly taxes on the average benefit will reach between $53.53 and $124.72. Kansas
Retirees don’t pay state income tax on their Social Security benefits or pensions in Alabama. But your 401(k) and IRA withdrawals are fully taxable at the state’s 2% to 5% income tax rate ...
Seniors living in Vermont can expect to pay between 3.35% and 8.75% in state income tax, but whether your Social Security benefits are excluded depends on your filing status and adjusted gross income:
Social security beneficiaries must pay federal taxes on their social security income if their total provisional income in retirement exceeds $25,000 as an individual or $32,000 for married couples ...
State Social Security taxation varies greatly by state and can often be complicated. In Colorado, for example, beneficiaries younger than 65 can exclude up to $20,000 in benefits from their income ...
Utah: The Beehive State recently adopted its income-based tax credit system to offset Social Security income for single filers earning less than $30,000 yearly and joint filers earning less than ...
For example, in Colorado, residents ages 65 and older have been able to fully deduct federally taxed Social Security benefits on their state income tax returns since tax year 2022. For 2025, that ...
In Vermont, single filers with an adjusted gross income (AGI) of at least $45,400 are subject to state taxes, while married couples filing jointly only pay state taxes if their AGI is at least ...