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Tom Sawyer for Kansas

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- SB 37 2024 Special Session Tax Cuts
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NO STATE INCOME TAX ON SOCIAL SECURITY BENEFITS:

One of the groups hit the hardest with property taxes are seniors living on a fixed income. While we were only able to provide them with a $70 additional property tax cut, we did something else that will help them a lot. We totally eliminated the state income tax on all Social Security Benefits. The chart below shows how significant this tax cut can be. For Example, a married couple with total household income of $75,000 or more that receives $50,000 a year in Social Security would receive a $2422.50 tax cut just from the Social Security exemption. That is on top of the $70 property tax cut and the income tax cut that would apply to their non-social security income.

This cut should help a lot of Kansas seniors pay their property taxes and be able to stay in their homes.

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