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in this video im going to show you how to reduce or even eliminate taxes paid on your social security payments coming up next on holy schmidt holy schmidt for many people in retirement every dollar counts and just like your working years understanding how to manage your tax bill is of paramount importance to a retiree this video will discuss how to cut your tax bill on two different types of taxes state income taxes and federal income taxes lets start off with state taxes because this ones quite easy then well move on to federal taxes and im going to show you several different ways to bring your tax bill down or close to zero well in the video on one point that almost everybody misses on federal taxes thats an absolute game changer but it does require a bit of planning before we begin please make sure you click subscribe and notifications so that you get alerted the next time i post a video social security is moving fast now and i want to make sure that you get alerted the next