If my adjusted gross income is $36,974.00 and I receive Social Security retirement income of $13,644 in 2019 will I be taxed in a higher income bracket?

[Vanessa · Accepted solution]

Probably not.  If you are not counting your Social Security in your AGI, the max social security amount that is taxable is 85%.  This means that someone who receives $13,644 in social security will not be taxed on more than $11,597.40 of their benefits and only that amount would be included in your Adjusted Gross Income. 

If you add, 36,974+11,597.40=48,571.40.  This would be your AGI. You would then subtract the standard deduction of $12,000 (if you are single and under 65, $24,000 if married filing jointly) from the $48,571.40 to arrive at your taxable income which would be $36,571.40.  

The standard deduction is higher if you are over 65.

A single filer with a taxable income of $36,571.40 remains in the 12% tax bracket. The next bracket for single starts at $38,700. 

Attached is a link for the various tax brackets. 

https://turbotax.intuit.com/tax-tips/irs-tax-return/current-federal-tax-rate-schedules/L7Bjs1EAD

[marymccarthy199]

Thank you so much, your answer made perfect sense and was a great relief  ??Mary

[Vanessa]

Your Welcome!