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Retirement tax questions
Hi Bonitacsmith2,
You don't have to have taxes taken out of your social security checks. But if you have other income you may want to have taxes taken out. If you earn between $25,000 and $34,000 per year as a single filer you could pay income taxes up to 50% of your social security benefits. Check out the link below for more details on social security and how it is taxed.
https://turbotax.intuit.com/tax-tips/irs-tax-return/a-guide-to-social-security-tax/L5QxGNcJL
‎July 26, 2023
3:48 PM