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How to Pay NO TAXES on Social Security | Five Simple Strategies


This video discusses five simple strategies on how to pay no taxes on Social Security by using simple exceptions to Social Security tax rules. This video has the added benefit of help people reduce their traditional income so they pay lower taxes overall. Social Security Tax Calculation Worksheet: HolySchmidt.com/SSTax States that Don't Tax Social Security Payments: Alabama (no state income tax) Alaska Arizona Arkansas Delaware Florida (no state income tax) Georgia Hawaii Idaho Illinois Indiana Iowa Kentucky Louisiana Maine Maryland Massachusetts Michigan Mississippi Nevada (no state income tax) New Hampshire (no state income tax) New Jersey New York North Carolina Ohio Oklahoma Oregon Pennsylvania South Carolina South Dakota (no state income tax) Tennessee (no state income tax) Texas (no state income tax) Washington (no state income tax) Washington D.C. Wisconsin Wyoming (no state income tax) Other Important Links: Free "Retirement Ready" Checklist: Federal Reserve Board Survey of Consumer Finances: Social Security Administration Application for Benefits Current Social Security Cost of Living Adjustment Social Security Payment Estimator THE CHANNEL’S MOST POPULAR VIDEOS Should You Take Social Security at Age 62 and Invest it? 7 GOOD REASONS to File for Social Security Benefits at Age 62 Average Retirement Savings by Age 60. Are You Almost Ready to Retire?!? The BEST AGE to File for Social Security Retirement Benefits 3 Social Security "Little Known Facts" That Are REALLY Important Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider....(read more)


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