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GOBankingRates
GOBankingRates
Karen Doyle

YOU WONT BELIEVE: How to reduce your social security taxes according to fidelity - You Need To See This

Drazen Zigic / Getty Images/iStockphoto

Taxation of Social Security benefits has been in the news lately, with the passage of a temporary tax deduction as part of the One, Big, Beautiful Bill Act. The bill includes a deduction of $6,000 for individuals ($12,000 for couples) over 65, and is intended to reduce taxation on Social Security benefits. However, many will still be taxed on their benefits once they begin collecting.

Trending Now: 3 Little-Known Social Security Rules That Could Save You Thousands

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