Photo by Kim Reinick From ShutterstockSocial Securit
Social Security is one of the biggest issues of the moment. And unfortunately, there are some states that tax social security benefits. Usually, when you enter the retirement stage of life, you would expect a lot of benefits and fewer headaches when it comes to taxes. But unfortunately, we live in America. And sometimes, this can be very hard.
Some states have different ways of taxing Social Security benefits. In some cases, this can be age-based, and here we have Colorado as an example.
Bear in mind that a tax on Social Security doesn’t necessarily mean that a state is unsuitable for retirement.
Click on the next page to find more information about states that tax social security benefits.