How Social Security Fairness Act payments may affect beneficiaries this tax season
Mădălin Mihai
New laws enacted in 2025 may have a big impact on how much Social Security beneficiaries pay in taxes this season . On Jan. 5, 2025, President Joe Biden signed the Social Security Fairness Act , a law that ended provisions that reduced or eliminated Social Security benefits for more than 2.8 million individuals who have pension income from work that did not require payment of Social Security payroll taxes. Later that year, on July 4, President Donald Trump signed the " big beautiful " tax
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