Boucher: Help Eliminate the Personal Income Tax on Social Security Benefits

Boucher: “Would you like to see the personal income tax on social security benefits eliminated?  So would I.  A public hearing has been scheduled for this Friday on a bill which would do exactly that.  Here’s how you can help us.”

 

 

Report by Paula Antolini
February 23, 2016 9:36AM EDT

 

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Boucher: Help Eliminate the Personal Income Tax on Social Security Benefits

Presently Connecticut is one of 13 states that places a tax on Social Security benefits.

For individual (single) tax filers, if your combined income is between $25,000 and $34,000, 50% of your Social Security benefits may be subject to income tax. If your combined income is more than $34,000, up to 85% of your benefits could be taxable.

For joint filers, the income thresholds increase to a range of $32,000 to $44,000 for 50% taxation, and $44,000 and above for 85% taxation. Under no circumstances is more than 85% of your Social Security benefit subject to taxation, no matter how much income you have.

 

*****

Message from CT State Senator Toni Boucher:

Would you like to see the personal income tax on social security benefits eliminated?

So would I.

A public hearing has been scheduled for this Friday on a bill which would do exactly that.

Here’s how you can help us.

  1. Click here to submit your testimony on why you support this bill.
  2. Your testimony can be as brief as you like. Just include your name and town.
  3. Spread the word to others about this opportunity to lower our tax burdens!

Thank you!

 

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