turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Spousal benefits 7%,10%, 12%, 22%?

as to how much tax to have taken of my check
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies

Spousal benefits 7%,10%, 12%, 22%?

Out of what checks?  Social Security or retirement?  It depends on all your income.  

Spousal benefits 7%,10%, 12%, 22%?

If you would ask a complete and more detailed question it would be easier to help you.  We do not know what benefits you are referring to, or what exactly you are trying to do.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Spousal benefits 7%,10%, 12%, 22%?

7%, 10% 12% and 22% are the "set"  voluntary withholding levels for those getting SS benefits.

 

Yeah...if you are just starting to get SS, it REALLY depends on how much taxable income you and your spouse expect to get for the next full year.   and whether either of you will still be working.....or getting other pension $$ too?

 

 

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

Spousal benefits 7%,10%, 12%, 22%?

If it is for Social Security you should be aware......

Up to 85% of Social Security becomes taxable when all your other income plus 1/2 your social security, reaches:

Married Filing Jointly: $32,000

Single or head of household: $25,000

Married Filing Separately: 0

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question