JandKit
Employee Tax Expert

Retirement tax questions

Hi Emarti9,

Thank you for your questions! 
Since Social Security is means tested, 85% is the maximum amount of social security can be taxed. When your income exceeds $34,000, The tax on social security begans. If you expect your income to exceed this amount, you should consider having taxes withheld from your social security. 

 

Also remember that social security has no age limit! That means that as long as your income exceeds a certain amount, as indicated above, social security will be taxed.

You may have taxes withdrawn from your account at this address: https://www.ssa.gov/manage-benefits/request-withhold-taxes

 

Have a Great Day!!!

 

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