You'll need to sign in or create an account to connect with an expert.
You may have to pay federal income taxes on your Social Security benefits if you have other income in addition to your benefits (such as wages, self-employment, interest, dividends, pensions, and other taxable income that must be reported on your tax return).
You will pay tax on only 85 percent of your Social Security benefits, based on Internal Revenue Service (IRS) rules. If you:
Your adjusted gross income (includes your pension distributions)
+ Nontaxable interest
+ ½ of your Social Security benefits
= Your "combined income"
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
rpfort53
Level 1
reachresources
Level 2
daget888
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.