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What % will I have to add to my regular company salary from Social Security when I combine the two. Iam 68 years old

what would be my standard deduction since I was born before 1954
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What % will I have to add to my regular company salary from Social Security when I combine the two. Iam 68 years old

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

 

For 2020 the standard deduction amounts are:

Single 12,400 + 1,650 for 65 and over or blind (14,050)

HOH 18,650 + 1,650 for 65 and over or blind

Joint 24,800 + 1,300 for each 65 and over or blind

Married filing Separate 12,400 + 1,300 for 65 and over or blind

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