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Retirement tax questions
@josephinewjones wrote:
I reached full retirement age in May, 2020, so why were my social security benefits taxed?
Social Security benefits paid can be taxed regardless of your age.
Up to 85% of Social Security Retirement/Disability/Survivors benefits 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
‎February 17, 2021
2:43 PM