Social Security is being taxed

Forum|Forum|4 years ago
March 27, 2022
2 replies
17 views

All I have is a qualified employer pension and social security. Why is my social security being taxed? All other blogs indicate that it should not be taxed. Pension @ $39,400 and SS @ $22,264.

PattiF

Level 15

Up to 85% of a taxpayer's benefits may be taxable if they are:

Filing single, head of household, or qualifying widow or widower with more than $34,000 income.
Married filing jointly with more than $44,000 income.
Married filing separately and lived apart from their spouse for all of 2021 with more than $34,000 income.
Married filing separately and lived with their spouse at any time during 2021.

This information is from the IRS Social Security page.

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rjs

Level 15

Part of your Social Security income is taxed if your other income plus half of your Social Security is more than $25,000 ($32,000 if you are married filing jointly). Half of your Social Security is $11,132. That plus your other income of $39,400 is $50,532, which is more than $25,000 or $32,000. So some of your Social Security will be taxed.

I can't comment on what "other blogs" say without seeing them. They could be wrong, or you could have misunderstood what they said.