I am a Retired Federal Employee receiving Office of Personnel Management Benefit (OPM) as well as Social Security (SSA) Benefit payments. The rules for "Partial" Retirement Age state I cannot earn more than 18, 960.00/year to keep my current level of OPM and SSA Retirement Payments.
I start work as a Pastor on7/1/21 with the United Methodist Church, compensation equal to $36,000 /year. To remain in compliance with the 18,960 income cap, what legal options do I have for the W2 to report income of 18,960 or less if SSA looks at the W-2? If possible, a response from a tax attorney is appreciated.
posted
last updated
June 05, 2021
11:19 AM