- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is it normal to have to pay federal income tax when I’m the only one working and my spouse is collecting social security?
Do you have an Intuit account?
You'll need to sign in or create an account to connect with an expert.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is it normal to have to pay federal income tax when I’m the only one working and my spouse is collecting social security?
Yes. Depending on how much you are earning, your spouses social security can be up to 85% taxable. If they are not having any taxes withheld throughout the year, you would end up needing to pay at the end of the year. If your spouses social security is taxable, it would be a good idea to contact the SSA and ask them to withhold taxes on their social security benefits.
If you fall into the following, 85% of your social security is taxable income
- Single with income above $34,000
- Married Filing Jointly with income above $44,000
- Married Filing Separate regardless of income
If you fall into the following, 50% of your social security is taxable income
- Single with combined income between $25,000-$34,000
- Married Filing Jointly with combined income between $32,000 and $44,000
Your combined income is calculated by adding your
- AGI plus
- Nontaxable Interest plus
- 1/2 of your social security Benefits
Social Security Benefits Taxes
**Mark the post that answers your question by clicking on "Mark as Best Answer"
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is it normal to have to pay federal income tax when I’m the only one working and my spouse is collecting social security?
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is it normal to have to pay federal income tax when I’m the only one working and my spouse is collecting social security?
Just curious because since my husband retired I haven’t had to pay. I’ve been getting money back.
Still have questions?
Make a post