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Taxable Social Security


Kirk W

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To me the most relevant part of the article is this:

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A tax on Social Security doesn’t necessarily make a state unsuitable for retirement. North Dakota, one of the 13 states that taxes Social Security, actually ranks as a tax-friendly state for retirees. Weigh all state taxes including other income taxes, sales taxes, property taxes, estate taxes and inheritance taxes, not to mention available tax breaks for seniors, to get a complete retirement tax picture.

 For Rvers that do not spend much time in their state of domicile/residence that are collecting Social Security before age 65, health insurance is likely still the 900# gorilla in the room.

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They left one out; Indiana taxes a % of SS if your total taxable income is over a certain threshold.

 

2000 Winnebago Ultimate Freedom USQ40JD, ISC 8.3 Cummins 350, Spartan MM Chassis. USA IN 1SG retired;Good Sam Life member,FMCA ." And so, my fellow Americans: ask not what your country can do for you--ask what you can do for your country.  John F. Kennedy 20 Jan 1961

 

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