Social Security COLA Increase: How to Check Your 2023 Benefits.Your Social Security Check Is Getting a Big Increase in January.Here's everything you need to know about how it affects you. Monthly payments will increase by 8.7% - the highest since 1981. ![]() Social Security beneficiaries will receive the highest cost-of-living adjustment in nearly 40 years this year. How much is my Social Security COLA increase for 2023? Got Tax Return Questions? Here's How to Call the IRS.This Handy Social Security Statement Helps You Out During Tax Season.Should I File a Tax Return if I Receive Social Security?.Get your tax questions answered and file that return ASAP to avoid last-minute stress. Yes, it seems like you've got all the time in the world to file your return, but that deadline will sneakily creep up on you. The final day to submit your tax return is Tuesday, April 18. ![]() That was the day when individual filers could begin to submit their 2022 tax returns to the Internal Revenue Service. What do I need to know for my Social Security benefits? To guide you through some of the ins and outs of Social Security - from what you need to know for tax season, to when you should look for your checks - CNET has compiled this cheat sheet, which is regularly updated so you can stay on top of the latest details. If you're overwhelmed by the prospect of filing your tax return or if you're concerned about the news that Social Security benefits could run out of full funding in 2032, we're here to help explain these complex topics in a simple fashion. Understanding your Social Security benefits can be a difficult task.
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