Social Security

[per960]

If you earn between less than $26,000 from my Military Retirement pay will you have to pay taxes on your social security if I earn around 14,000 from social security?

[conniem123 · Accepted solution]

Hi per960, thank you for your service!

Your military retirement benefits are considered income , which will affect the amount of your social security benefits that are taxable.

The IRS has a worksheet to help you calculate how much of your social security income is taxable if you would like to estimate prior to preparing your tax return; https://www.irs.gov/pub/irs-pdf/p915.pdf

I hope you find this information helpful!

Connie