Hi,
Almost. Some portion of social security becomes taxable if sheearns enough. Here's some more information from the IRS:
Your (social security) benefits may be taxable if the total of (1) one-half of your benefits, plus (2) all of your other income, including tax-exempt interest, is greater than the base amount for your filing status.
The base amount for your filing status is:
- $25,000 if you're single, head of household, or qualifying widow(er),"
So, if when you apply that formula her "base amount" is less than $25K, her social security will not be taxable. If it is taxable, the amount that is taxable ranges from 50%-85% based upon her income. This article from AARP does a pretty decent job of explaining how much is taxable.
If her 2022 taxable income (including the taxable portion of social security) is less than $14,700, she won't have to pay federal taxes.
Hope this helps!
Best,
Karen
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