States Taxing Social Security Benefits: Is Your State Among the 10 Still Taxing?

Friday, 29 March 2024, 09:45

Many retirees face the surprise of state taxes on their Social Security benefits, on top of federal taxes. This post details 10 states that still tax Social Security, with information on income thresholds and exemptions. Consider how state laws can impact your retirement taxes and learn strategies to minimize your tax bill, including saving in a Roth IRA.
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States Taxing Social Security Benefits: Is Your State Among the 10 Still Taxing?

States Taxing Social Security Benefits: Overview

Up to 85% of Social Security is taxable at the federal level, and some states also impose taxes on these benefits.

States Still Taxing Social Security:

  • Colorado: Full deduction for ages 65+, limited for ages 55-64
  • Connecticut: No tax below $75,000 AGI for singles, $100,000 for couples
  • Kansas: Tax on AGI exceeding $75,000
  • ...

Consider the state laws on Social Security taxes along with overall tax planning to secure your retirement funds.


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