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I have Social Security Income of $33,469 (line 5a)yet my taxable income is $28,449 (line 5b), why the difference?
posted
June 3, 2019
12:08 PM
last updated
June 03, 2019
12:08 PM
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I have Social Security Income of $33,469 (line 5a)yet my taxable income is $28,449 (line 5b), why the difference?
Only up to 85% of social security is included in taxable income. Line 5A is the full amount of your SS, line 5b is the taxable amount.
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June 3, 2019
12:08 PM
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I have Social Security Income of $33,469 (line 5a)yet my taxable income is $28,449 (line 5b), why the difference?
Only up to 85% of social security is included in taxable income. Line 5A is the full amount of your SS, line 5b is the taxable amount.
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June 3, 2019
12:08 PM
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I have Social Security Income of $33,469 (line 5a)yet my taxable income is $28,449 (line 5b), why the difference?
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
June 3, 2019
12:08 PM
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