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tlmac
New Member

I receive a monthly military retirement, which is not considered income but annuity, and just got approved for SSA Disability payments, will that be taxed?

Basically trying to find out if military retirement is considered income for SSDI purposes?

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Coleen3
Intuit Alumni

I receive a monthly military retirement, which is not considered income but annuity, and just got approved for SSA Disability payments, will that be taxed?

Yes, your annuity is income.

A quick way to find out if any of your benefits may be taxable is to add one-half of your Social Security benefits to all your other income, including any tax-exempt interest. Next, compare this total to the base amounts below. If your total is more than the base amount for your filing status, then some of your benefits may be taxable. The three base amounts are:

  • $25,000 - for single, head of household, qualifying widow or widower with a dependent child or married individuals filing separately who did not live with their spouse at any time during the year
  • $32,000 - for married couples filing jointly
  • $0 - for married persons filing separately who lived together at any time during the year

 

From <https://www.irs.gov/uac/newsroom/are-your-social-security-benefits-taxable>


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