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Retirement tax questions
Hi, @ri-solano , thanks for the question!
If your MAGI is more than $32,000 if Married Filing Jointly or $25,000 for all other filing statuses, then at least some of your Social Security income may be taxable. Your MAGI is defined as half of your Social Security benefits, plus 100% of your other income. This TurboTax article goes into more detail.
Hope this helps, please let me know if this raises additional questions!
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‎July 26, 2023
1:55 PM