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40 States That Don't Tax Social Security Benefits


Taxes are inescapable. You'll pay them in some fashion, regardless of where you live. However, if you receive Social Security benefits, where you live could make a big difference in how much taxes you pay on those benefits -- if any.

The federal government can impose taxes on Social Security benefits depending on your combined income, (adjusted gross income plus nontaxable interest plus half of your benefits). However, many Americans don't pay any state income taxes on their Social Security income. Here are 40 states that don't tax Social Security benefits.

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Source Fool.com


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