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eagle-cougar
New Member

At what age do I stop paying taxes on SS and Retirement income?

 
1 Best answer

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MinhT1
Employee Tax Expert

At what age do I stop paying taxes on SS and Retirement income?

There is no age limit at which you stop paying taxes on Social Security and Retirement income.

 

The only tax break for old age is the increase in the standard deduction: $1,300 for each person over 65 (married) or $1,650 per person (single or head of household).

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4 Replies
NCperson
Level 15

At what age do I stop paying taxes on SS and Retirement income?

sorry, but the answer is "never".  

 

it's not an issue of age, it's an issue of income.  above certain threshholds, the income is taxable.  

MinhT1
Employee Tax Expert

At what age do I stop paying taxes on SS and Retirement income?

There is no age limit at which you stop paying taxes on Social Security and Retirement income.

 

The only tax break for old age is the increase in the standard deduction: $1,300 for each person over 65 (married) or $1,650 per person (single or head of household).

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
lovettmb
New Member

At what age do I stop paying taxes on SS and Retirement income?

Never

NCperson
Level 15

At what age do I stop paying taxes on SS and Retirement income?

well, technically not 'never', but certainly "until death".  

 

Ben Franklin: " Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes."

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