Retirement tax questions


@Jonatha50 wrote:

I am on SS and have just taken a part time job. Do I include my SS wages ? How do I fill out W4 ? I can’t find answers.


You have to report all of your income on tax return.  You report the Social Security benefits received from your Form SSA-1099 and from the W-2 for your wages.

For assistance in completing a W-4 that you give to your employer go to this IRS website for a tax withholding estimator - https://www.irs.gov/individuals/tax-withholding-estimator

 

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