How To Avoid Taxes On Social Security Benefits
Benjamin Franklin once said “In this world, nothing is certain except death and taxes.” Sadly, he wasn’t wrong. Americans have to pay taxes on just about everything in life but there is some good news.
For most Americans who collect social security, they hate the idea of having to pay taxes on their social security benefits. However if you live in these 12 states it would wise for you to move before you choose to collect retirement.
According to Investopedia, It is possible to not pay taxes on your SS benefits if you remain below the minimum income threshold.
Additionally if you live in Colorado, Connecticut, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico, Rhode Island, Utah, Vermont, and West Virginia; you will be taxed on top of the federal government tax.
