Related: How the IRS taxes Social Security income in retirement. The new tax break is welcome news for the over 66 million ...

President Donald Trump first vowed to nix taxes on Social Security income during his campaign for the 2024 election.

The Social Security and Medicare Fair Share Act proposes targeting payroll tax loopholes for high-income earners.

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know.

Lawmakers on Capitol Hill are debating a new tax cuts bill that includes no taxes on tips and overtime, investment accounts ...

Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills ...

Trump has said for months that he wanted to end the federal income tax on Social Security benefits. About 6.3 million ...

Here's how the bonus would work: Americans ages 65 and older who don't itemize their taxes would get a $4,000 bonus on top of ...

Millions of recipients could soon be entitled to the tax break, should the provision make its way into the final bill.

Republicans' “one big beautiful bill” would eliminate taxes on tips and overtime, give new cuts to seniors, and make interest ...

A Republican tax proposal could give people age 65 and older an additional deduction of $4,000 in a “senior bonus” that would ...

Republicans in Congress are moving with rapid speed to advance President Donald Trump’s big bill of tax breaks, spending cuts ...