Retirement tax questions


@teresamorgan3169 wrote:

Hello, I have a 17-year-old that receives Survivors Benefits until she either/or turns 18 or graduates first. She is working so do I need to report her earned income to SSI?

Thank you


Her Social Security benefits reported on the SSA-1099 would only be reported on her tax return.  Any amount of earned income she has would only be entered on her tax return.  Depending on the amount of earned income she has, some of the SS benefits may be taxable.  If she is being claimed as your dependent then if she does file a tax return make sure that she indicates on her tax return that she can be claimed as a dependent.

 

Up to 85% of Social Security Retirement/Disability/Survivors 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