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Level 2
March 7, 2021
Question

My husband's only income is social security. My gross this year is $57000. Should we file separately or jointly?

  • March 7, 2021
  • 2 replies
  • 2 views
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2 replies

Alumni - Champ
March 7, 2021

 If you're married filing jointly, the first $32,000 of Social Security benefits is exempt from federal income taxes. But if you're married filing separately, there is no exemption. His entire Social Security benefit is taxable.

zimmj8Author
Level 2
March 11, 2021

Thank you so much! He doesn't make much, so I guess it won't cost us much in taxes. I appreciate the advice.