Tax Guide

Taxes get more complicated when you retire — but there are also more ways to reduce what you owe. Social Security may or may not be taxable depending on your total income from all sources. Most states do not tax Social Security at all, but a handful do. There are tax credits made specifically for seniors, larger standard deductions, and property tax exemptions that many people miss every year. If you pay someone to help you at home, there are rules about that too. These guides explain the tax rules that affect seniors the most, broken down state by state, in plain language without tax jargon.