Social Security Shock 2026: New “Fairness” Rule Could Shrink Tax Refunds for Millions
Millions of Americans who receive Social Security benefits may notice something unexpected during tax season in 2026: smaller tax refunds. A newly discussed “fairness” adjustment affecting benefit taxation and income reporting is raising concerns among retirees and disability beneficiaries. While the rule aims to improve equity in the tax system, it could reduce refund amounts … Read more