The One Big Beautiful Bill eliminates federal tax on Social Security for most qualifying seniors, increasing the share owing no tax to 88% nationwide from 64%. About 51.4 million older Americans will avoid federal Social Security taxation. Increased deductions — $23,750 for single seniors and $46,700 for married couples — will allow most beneficiaries to fully offset Social Security income. Wisconsin has 1.19 million residents age 65 and over; 1.1 million are expected to benefit directly. Working residents in Wisconsin are projected to gain real-wage increases of $3,500–$6,400 and take-home pay growth of $7,100–$10,100.
Under the One Big Beautiful Bill, 88% of seniors nationwide will owe no federal taxes on their Social Security benefits-up from 64% under the previous tax structure. That means about 51.4 million older Americans will see more money stay in their pockets during retirement. "This amounts to the largest tax break in history for America's seniors," a White House release noted, "and makes sure that after years of earning their Social Security, seniors can save more of their money". Thanks to increased deductions-now totaling $23,750 for single seniors and $46,700 for married couples-most beneficiaries will have enough to fully offset their Social Security income from taxation.
Wisconsin is home to 1.19 million people age 65 and over, accounting for 19% of its total population. That puts the state's senior demographic slightly above the national average of 17.6%, according to the U.S. Census Bureau's 2023 American Community Survey. Of those, 1.1 million seniors are expected to directly benefit from the Social Security tax exemption under the OBBBA, according to the White House.
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