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Search Results: keywords:"taxpayer obligations"

  • H.R. 904 proposes to change the Internal Revenue Code of 1986 by stopping the requirement to include Social Security benefits as part of a person's gross income for tax purposes. This means that individuals receiving Social Security would no longer have to pay federal income...

    Simple Explanation

    The bill wants to stop making people pay taxes on their Social Security money, which is like a monthly allowance given to people when they get old or can't work. It will also make sure that the money needed for these allowances doesn't run out, even if the government gets less money from taxes.