Returning Member

Why are my husband's social security benefits being taxed?

My husband and I both retired in 2018.  He is 71, was self-employedand closed his service business. The net profit for his business shown on schedule C is $553.00.  His social security benefits total is $12,346 with $5,579 being taxable. My gross wages are $27,861.  Am I missing something?  Help.