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Level 1
Mar 27, 2022 11:24 PM UTC
Question

Social Security is being taxed

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.

    2 replies

    Alumni - Intuit
    Mar 27, 2022 11:39 PM UTC

    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
    Level 15
    Mar 27, 2022 11:45 PM UTC

    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.