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Social security question
I am retired this year and my husband already retired. Do we have to pay tax for this year and our Social Security not over 30,000 do we still have to pay tax
heidis1Answer
Level 4
July 26, 2023
Hi julia27,
Social Security can be taxed at any age if your income exceeds a certain level.
You report the taxable portion of your social security benefits on your tax return. Your benefits may be taxable if the total of (1) one-half of your benefits, plus (2) all of your other income, including tax-exempt interest, is greater than the base amount for your filing status.
Here are links that may help:
Is my Social Security income taxable?
Thank you for asking.
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