Social Security beneficiaries’ tax bills may change due to recent legislation. What to know

Social Security beneficiaries’ tax bills may change due to recent legislation. What to know

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Social Security beneficiaries will soon receive statements showing how much of their total benefits received in 2025 may be subject to federal taxes.

Changes enacted by Congress this year mean there’s more reason to pay attention to those tax documents.

The forms, known as the SSA-1099 or SSA-1042S, will be available online beginning Dec. 25, according to a Social Security Administration spokesperson. The agency will start mailing the documents on Dec. 26, with all 1099s slated to be received by the end of January.

Read more at CNBC

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