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IRA withdrawal

I file married filing jointly reporting around 72,000 in income, 90% is social security.  How much money can I withdraw from my IRA before it makes my social security taxable?

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1 Reply
KarenL
Employee Tax Expert

IRA withdrawal

As a married filing jointly couple, you, if you earn between  $32,000 to $44,000, you will pay income taxes on up to 50% of your Social Security benefits. If you earn more $44,000 if you’re married filing jointly, you’ll pay taxes on up to 85% of your benefits. You will never be taxed on more than 85% of your Social Security benefits.

You can read more about it at this Guide to Social Security Tax. 

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