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bohlmslg
New Member

Why is my taxable social security income more than last year?

 
1 Best answer

Accepted Solutions
VolvoGirl
Level 15

Why is my taxable social security income more than last year?

Because you have more other income.  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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1 Reply
VolvoGirl
Level 15

Why is my taxable social security income more than last year?

Because you have more other income.  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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