Social Security has been steadily losing buying power for over 20 years, something that many seniors are undoubtedly aware of after battling this latest round of inflation. This is disheartening for the millions of Americans who depend on these benefits, but for some, inflation isn't the only obstacle they face.

There are currently 12 states that tax the Social Security benefits of some of their seniors, and if you live in one of them, you could lose even more of your checks each year. Here's what you need to know.

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Source Fool.com