Hi,
When you have income in addition to your social security benefits, up to 85% of your social security benefits can be taxable income. The key figure is the Modified Adjusted Gross Income (MAGI). The MAGI includes half of your Social Security, plus other sources of income. Once your MAGI exceeds the base amount for your filing status ($32,000 for Married Filing Jointly or $25,000 for all others), at least part of your Social Security income becomes taxable. The taxable portion of your Social Security income increases once you reach additional MAGI thresholds.
A great tool for you to estimated your 2023 tax is this calculator, https://turbotax.intuit.com/lp/ppc/2168?srqs=null&cid=ppc_gg_nb_stan_all_na_Calculator-CalculatorEst....
You will enter your income, including your full social security benefits, and that will help you determine the additional tax in your particular situation.
I hope this information if helpful!
Connie
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