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Yes. Retirement benefits are taxable. SS is taxable anywhere from 0% to 85% depending on your situation. You can have taxes withheld from your SS benefits if your situation will remain the same for future years to avoid having to pay and be subject to an underpayment penalty. You would just need to contact the social security administration.
If you fall into the following, 85% of your social security is taxable income
If you fall into the following, 50% of your social security is taxable income
Your combined income is calculated by adding your
Social Security Benefits Taxes
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