Trump says the "Big Beautiful Bill" eliminates taxes on Social Security benefits. However, the bill's text shows that's not ...

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...

The White House has said workers benefiting from the deduction could see up to $2,000 in annual federal tax savings.

When President Trump was running for office, one of the things he pledged to do was eliminate taxes on Social Security. There ...

President Donald Trump has pitched no taxes on Social Security benefits. Republicans’ “big beautiful” bill includes a ...

The provision emerged from President Donald Trump’s campaign pledge to end taxes on Social Security. But experts say many are ...

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

The "Big Beautiful Bill" could give seniors earning under $75K a tax break of up to $6,000. Here's what we know.

President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate taxes on federal ...