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ltmagee
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We had a$9 penalty this year. Should my wife and I be taking a SS monthly deduction?

We have a big tax bill this year and neither one of us has a SS tax deduction
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2 Replies

We had a$9 penalty this year. Should my wife and I be taking a SS monthly deduction?

If you expect a similar income going forward having tax withheld from SS would avoid a penalty. 

We had a$9 penalty this year. Should my wife and I be taking a SS monthly deduction?

 

How to get federal tax withheld from SS benefits

https://www.ssa.gov/benefits/retirement/planner/taxwithold.html

**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.**

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