Retirement tax questions

First----let's determine if you really are receiving SSI or if you get Social Security.  Many people use the term "SSI" when they are really referring to Social Security benefits.   If you get Social Security, you get a SSA1099 every year in January.  Did you get a SSA1099?    If you get SSI---Supplemental Security Income---then no tax document is sent to you.    

 

WHAT IS THE DIFFERENCE BETWEEN SOCIAL SECURITY BENEFITS AND SSI?

https://www.ssa.gov/ssi/text-over-ussi.htm

 

 

If you get Social Security, then your monthly benefits are not going to be affected by the money from selling your house.  

 

 

If you get SSI, then, you do not have a tax question---- you do have a question for SSI.  There are indeed strict rules in effect for SSI pertaining to how much money you can have in a bank account, etc. and still receive monthly  SSI benefits.   We cannot advise you about that.   

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**