Possibly! Social Security must be posted to your tax return. It may or may not be taxable based on how much other income you have.
This can be a complicated process, Social Security benefits may be taxable.
To find out if their benefits are taxable, taxpayers should:
- Take one half of both of your Social Security money collected during the year and add it to your other income.
Other income includes pensions, wages, interest, dividends and capital gains.
If you are single and that total comes to more than $25,000, then part of their Social Security benefits may be taxable.
If you are married filing jointly, they should take half of their Social Security, plus half of their spouse's Social Security, and add that to all their combined income.
If that total is more than $32,000, then part of their Social Security may be taxable.
Social Security benefits may be taxable (irs.gov)
@will57
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