Why is my taxable social security income more than last year?
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1 Best answer
VolvoGirl
Level 15
Jun 5, 2019 2:59:46 PM
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
1 Replies
VolvoGirl
Level 15
Jun 5, 2019 2:59:46 PM
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