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Do i pay taxes on social security after 66

 
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Do i pay taxes on social security after 66

Social Security benefits can be taxable on a federal tax return if you have other taxable income to report.  There is no age limit on the benefits received being taxable.

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

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Do i pay taxes on social security after 66

Social Security benefits can be taxable on a federal tax return if you have other taxable income to report.  There is no age limit on the benefits received being taxable.

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
tpoock
New Member

Do i pay taxes on social security after 66

This is correct, but just to clarify: it's "up to" 85%. It starts at a smaller percentage and goes up depending on income, to the max of 85%.

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