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At what age do I stop paying taxes on SS and Retirement income?
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January 21, 2020
6:23 PM
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Retirement tax questions
sorry, but the answer is "never".
it's not an issue of age, it's an issue of income. above certain threshholds, the income is taxable.
January 21, 2020
6:33 PM
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Retirement tax questions
There is no age limit at which you stop paying taxes on Social Security and Retirement income.
The only tax break for old age is the increase in the standard deduction: $1,300 for each person over 65 (married) or $1,650 per person (single or head of household).
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January 21, 2020
6:35 PM
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Retirement tax questions
well, technically not 'never', but certainly "until death".
Ben Franklin: " Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes."
March 24, 2020
10:16 AM