JBedford
Employee Tax Expert

Retirement tax questions

Hi, @dbanderson510 , thanks for the question! 

 

Your first question is not a tax question, but a Social Security question, so it it out of our scope. But that being said, you may find this SSA article helpful. 

 

There is not a limit of income while drawing SS, as you can earn as much as you like. However, if your MAGI is more than $32,000 if Married Filing Jointly ($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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