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Retirement tax questions
@ldruth61 wrote:
Read this
Benefits Planner: Retirement | What Income is Included in your Social Security Record? | SSA
Your pension income is not being taxed.
Your question is how the Social Security benefits you receive and are reported to you on SAA-1099 are taxed.
As has been stated, the benefits becomes taxable when all your other income plus 1/2 your social security reaches:
Married Filing Jointly - $32,000
Single or Head of Household - $25,000
Married Filing Separately - 0
If you would read the IRS Publication 915 Social Security and Equivalent Railroad Retirement Benefits starting on page 6 How Much Is Taxable? and the examples provided, you will see how the benefits are taxed on a US Federal Tax Return Form 1040 - https://www.irs.gov/pub/irs-pdf/p915.pdf#page=6