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At 66, I will continue to work full time and begin to draw my full social security. Do I pay taxes on social security?

 
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LinaJ2018
Intuit Alumni

At 66, I will continue to work full time and begin to draw my full social security. Do I pay taxes on social security?

If the social security benefits is your only income, it is not taxable.  However, if there are other income received, up to 85% of 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

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2 Replies
LinaJ2018
Intuit Alumni

At 66, I will continue to work full time and begin to draw my full social security. Do I pay taxes on social security?

If the social security benefits is your only income, it is not taxable.  However, if there are other income received, up to 85% of 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

At 66, I will continue to work full time and begin to draw my full social security. Do I pay taxes on social security?

Up to 85% of your SS income is taxable depending on how much other income you have.

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