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Retirement tax questions
It depends. A Social Security Repayment can occur when you receive more money for a month than the amount you should have been paid. The amount of your overpayment is the difference between the amount you received and the amount due.
It can also occur if you start receiving social security and change your mind within 12 months of signing up for Social Security, you can repay all the money you and your family have received, without interest, and withdraw your Social Security application.
Having Social Security Tax deducted from your paycheck does not constitute a repayment.
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‎January 12, 2022
2:55 PM
7,808 Views