Your social security can be subject to tax on your joint return, up to 85% of your benefits. If you earn between $25,000 and $34,000 per year as a single filer (or $32,000 to $44,000 if you’re married filing jointly), you will pay income taxes on up to 50% of your Social Security benefits. If you earn more than $34,000 (or $44,000 if you’re married filing jointly), you’ll pay taxes on up to 85% of your benefits. You will never be taxed on more than 85% of your Social Security benefits.
There is a worksheet in the IRS instructions for preparing your Form 1040. Here is the link to that site. Go to Page 32.
Link to IRS Form 1040: www.irs.gov/pub/irs-pdf/i1040gi.pdf
Our TaxCaster app can help you see what the tax due will be. Here is that link: https://turbotax.intuit.com/tax-tools/calculators/taxcaster/
Regards,
Elizabeth W
EA for 29 years
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