If your only income is Social Security, you won't owe any tax. but if you also receive retirement income, sell stocks, rental income, etc. it is possible that up to 85% of your Social Security will be taxed and it is a good idea to withhold on your Social Security payments.
Here is further information and tips on Social Security:
https://turbotax.intuit.com/tax-tips/irs-tax-return/a-guide-to-social-security-tax/L5QxGNcJL
I hope that answers your questions. Please feel free to give TurboTax a call anytime if you have additional questions or need assistance.
Have a great day!
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
