ElizabethW2
Employee Tax Expert

Retirement tax questions

From your tax return 

Your Adjusted Gross Income (AGI)

+any non-taxable interest

+50% of your social security benefits

 

If this total (on your married filing joint return) is greater than $32,000, your social security benefits are going to be taxed.  The amount of the benefits is determined by how much your calculation above exceeds the $32,000.  The worksheet I referenced above in the Form 1040 instructions, Page 32 will let you use your actual figures to determine the taxable amount.

 

Elizabeth W