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New Member
posted Jul 16, 2021 10:24:08 AM

What percent should I have withheld from my social security check for tax purposes

0 2 1980
2 Replies
Level 15
Jul 16, 2021 10:44:23 AM

Go to this IRS website to read about the tax withholding estimator and a link for same - https://www.irs.gov/newsroom/tax-withholding-estimator-helps-retirees-figures-tax-on-social-security-benefits

Level 15
Jul 16, 2021 12:21:22 PM

Social Security rules state that you can have 7, 10, 12 or 22 percent of your monthly benefit withheld for taxes.  Only these percentages can be withheld. Flat dollar amounts are not accepted.