Showing posts with label Taxes on Social Security. Show all posts
Showing posts with label Taxes on Social Security. Show all posts

Tuesday, December 27, 2022

Will Social Security be taxed when I retire?

Title: Will Social Security be taxed when I retire?

Article Snip: "...When you’re calculating taxes, you must include in income a portion of your Social Security benefits depending on your income, said Bernie Kiely, a certified financial planner and certified public accountant with Kiely Capital Management in Morristown. ...The `base amount’ for a single person is $25,000 and for a married couple filing jointly it is $32,000,” Kiely said."

Reference: www.nj.com
Social Security Benefits,Taxes on Social Security,


Tuesday, July 12, 2022

How is Social Security taxed?

Title: How is Social Security taxed?

Article Snip: "...If your total income is more than $25,000 for an individual or $32,000 for a married couple filing jointly, you must pay federal income taxes on your Social Security benefits. Below those thresholds, your benefits are not taxed. up to 50 percent of your benefits if your income is $25,000 to $34,000 for an individual or ..."

Reference: www.aarp.org
How is Social Security taxed?, Social Security vs Taxes,Taxes on Social Security,


Thursday, November 29, 2018

Are Social Security Benefits Taxed?

Title: Are Social Security Benefits Taxed?

Article Snip: "...Some of you have to pay federal income taxes on your Social Security benefits. This usually happens only if you..."

Reference: www.ssa.gov
Taxes on Social Security,

Tuesday, July 10, 2018

37 States That Don't Tax Social Security Benefits

Title: 37 States That Don't Tax Social Security Benefits

Article Snip: "...Some retirees are surprised to learn that Social Security is taxable. The federal government taxes up to 85% of your benefits, depending on your income. Most states, however, exempt Social Security from state taxes. The list of 37 states that don’t tax Social Security..."

Reference: www.kiplinger.com
States That Don't Tax Social Security Benefits

Monday, March 19, 2018

Are my Social Security benefits taxable?

Title: Are my Social Security benefits taxable?

Article Snip: "...Social Security is generally considered a tax-free benefit, but that is not always the case. Depending on the amount of alternate income that you have in retirement and your filing status, you could owe taxes on up to 85% of your Social Security benefits..."

Reference: www.nbc-2.com
social security, Taxes on Social Security,

Monday, April 1, 2013

How to Avoid Taxes on Your Social Security

Title: How to Avoid Taxes on Your Social Security

Article Snip: "...Wouldn't it be nice to avoid paying tax on your Social Security benefits while in retirement? By planning ahead, you can avoid paying tax on your Social Security income and your effective tax rate will be very low...."

Reference: socialsecuritynewsgroup.blogspot.com