At our age is our social security income taxable?

[VolvoGirl · Accepted solution]

Age doesn't matter at all.  Up to 85% of Social Security 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

[2baddog]

When I was paying into social security, taxes were assessed on my gross pay. Is this not double taxation?

[2baddog]

I'll contact another tax specialist

[DoninGA]

You might want to look at the IRS Social Security benefits worksheet on how the taxable portion of the SS benefits is calculated - <a rel="nofollow" target="_blank" href="https://apps.irs.gov/app/vita/content/globalmedia/social_security_benefits_worksheet_1040i.pdf">http...>

Also the IRS Form 1040 instructions for Social Security benefits reported on Lines 20a and 20b starting on page 27 of the instructions - <a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=27">https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#pag...>

[DoninGA]

Social Security benefits can be taxable regardless of your age.  It is dependent on the other income being reported on your tax return.

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