Retirement tax questions

  • Combined income under $25,000 (single) or $32,000 (couple): Benefits are not taxed.
  • Combined income of $25,000 to $34,000 (single) or $32,000 to $44,000 (couple): Up to 50 percent of benefits can be taxed.
  • Combined income above $34,000 (single) or $44,000 (couple): Up to 85 percent of benefits can be taxed.