Under the one big beautiful bill, the vast majority of senior citizens — 88% of all seniors who receive social security — will pay no tax on their social security benefits,. All the misleading buzz about social security and tax cuts for seniors in one big beautiful bill foreshadows one ugly scene after another at tax preparation offices next year. Most senior citizens who receive social security benefits will still continue paying at least some taxes on those benefits, albeit a smaller amount, the analysis found.
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