13 states that tax Social Security benefits

Many retirees are surprised when state taxes crack their nest egg right open.

In addition to local tariffs like sales tax and property tax, some states even tax Social Security benefits, the most critical source of income for many American retirees.

To help you better budget and plan, click through the slideshow below for 13 states that tax Social Security as of 2016.

13 PHOTOS
The 13 states that tax Social Security benefits
See Gallery
The 13 states that tax Social Security benefits

Colorado

(Adventure_Photo via Getty Images)

Connecticut

(SeanPavonePhoto via Getty Images)

Kansas

(Davel5957 via Getty Images)

Minnesota

(Davel5957 via Getty Images)

Missouri

(JByard via Getty Images)

Montana

(Ron Reiring via Getty Images)

Nebraska

(Walter Bibikow via Getty Images)

New Mexico

(Joel Bennett via Getty Images)

North Dakota

(Ben Harding)

Rhode Island

(shutterstock)

Utah

(shutterstock)

Vermont

(DenisTangneyJr via Getty Images)

West Virginia

(DarrenFisher via Getty Images)

HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

But don't let the above list impact your retirement planning too much. Despite their taxes on Social Security, Colorado and West Virginia are actually quite tax-friendly to retirees. It's always best to weigh the entire tax picture before deciding where to settle down in retirement.

The 10 Most Overlooked Tax Deductions

Don't overpay taxes by overlooking these tax deductions. See the 10 most common deductions taxpayers miss on their tax returns so you can keep more money in your pocket.

Read More

Brought to you by TurboTax.com

How to Find a Good CPA for Your Taxes

Finding a good CPA for your taxes is simple with these seven tips: 1. Ask about their specialization; 2. Verify their identification number, 3. Look up their license, 4. Consider their experience, 5. Confirm their willingness to sign, 6. Ask for advice, and 7. Determine their fees.

Read More

Brought to you by TurboTax.com

Reporting Self-Employment Business Income and Deductions

Self-employed taxpayers report their business income and expenses on Schedule C. TurboTax can help make the job easier.

Read More

Brought to you by TurboTax.com

2018 Tax Reform Impact: What You Should Know

Congress has passed the largest piece of tax reform legislation in more than three decades. The bill went into place on January 1, 2018, which means that it will affect the taxes of most taxpayers for the 2018 tax year.

Read More

Brought to you by TurboTax.com
Read Full Story
Your resource on tax filing
Tax season is here! Check out the Tax Center on AOL Finance for all the tips and tools you need to maximize your return.