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Roth Conversions, S. Security, PA St. Unemployment Comp.: All Contribute to Federal Ordinary Income Tax Liability?

 
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5 Replies

Roth Conversions, S. Security, PA St. Unemployment Comp.: All Contribute to Federal Ordinary Income Tax Liability?

Yes,  but Social Security is not 100% taxable.

 

Up to 85% of Social Security becomes taxable when all your other income plus 1/2 your social security, reaches:

Married Filing Jointly: $32,000

Single or head of household: $25,000

Married Filing Separately: 0

Roth Conversions, S. Security, PA St. Unemployment Comp.: All Contribute to Federal Ordinary Income Tax Liability?

I thought just W2 Income could potentially increase your S. Security. Tax Liability. Not UC, not Roth Conversions-not any other kind of Income.

Roth Conversions, S. Security, PA St. Unemployment Comp.: All Contribute to Federal Ordinary Income Tax Liability?

Oh you are now asking about receiving Social Security benefits?  Right only earned income from working like W2 income counts towards Social Security.  

How you earn Social Security Credits

https://www.ssa.gov/pubs/EN-05-10072.pdf 

Roth Conversions, S. Security, PA St. Unemployment Comp.: All Contribute to Federal Ordinary Income Tax Liability?

Social Security gets your wage info from your W2 each year.   If you also have self employment income they use your Net Profit from 1040 Schedule C.   

Roth Conversions, S. Security, PA St. Unemployment Comp.: All Contribute to Federal Ordinary Income Tax Liability?

@Terra  Sorry my computer wouldn’t let me reply to your private message.   But you should post it here in the public forum.   Are you getting Social Security now?

 

Will this help?   How will working affect benefits you are getting

https://www.ssa.gov/pubs/EN-05-10069.pdf

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