https://ttlc.intuit.com/community/taxes/discussion/re-social-security/01/2759667#M1001091 <P>Hi JrG43,</P> <P>Social security is means tested. if you make more than what's allowable, typically 1/2 social security + taxable Income reaches <STRONG>$25,000</STRONG>, it becomes subject to taxation. That's for a single person! If married, not sure what happened to taxes being equal, the number slides to<STRONG> $34,000</STRONG> before being subject to taxes. I quess that is what we call the '<STRONG>MARRIAGE PENALTY TAX</STRONG>'.</P> <P>Fortunately, most states don't tax this amount as does the Feds.</P> <P>&nbsp;</P> <P>To be sure, if these amounts are reached, one should complete the form <A title="W4P" href="https://www.irs.gov/pub/irs-pdf/fw4p.pdf" target="_self">W-4P</A></P> <P>With this form, you can have <STRONG>7, 10, 12, 22% </STRONG>withheld from your social security<STRONG>. </STRONG>These amounts add to the federal taxes withheld from pensions, w-2s and the like,</P> <P><STRONG>The maximum amount</STRONG> of Social Security that is subject to taxation is <STRONG>85%.</STRONG></P> <P>&nbsp;</P> <P>Good Luck to You!</P> <P>&nbsp;</P> Wed, 27 Jul 2022 20:07:04 GMT JandKit 2022-07-27T20:07:04Z https://ttlc.intuit.com/community/taxes/discussion/social-security/01/2759615#M1001090 <P>How much should I be taking out of my Social Security check to avoid paying at tax time?</P> Tue, 10 Mar 2026 05:25:30 GMT https://ttlc.intuit.com/community/taxes/discussion/social-security/01/2759615#M1001090 JrG43 2026-03-10T05:25:30Z https://ttlc.intuit.com/community/taxes/discussion/re-social-security/01/2759667#M1001091 <P>Hi JrG43,</P> <P>Social security is means tested. if you make more than what's allowable, typically 1/2 social security + taxable Income reaches <STRONG>$25,000</STRONG>, it becomes subject to taxation. That's for a single person! If married, not sure what happened to taxes being equal, the number slides to<STRONG> $34,000</STRONG> before being subject to taxes. I quess that is what we call the '<STRONG>MARRIAGE PENALTY TAX</STRONG>'.</P> <P>Fortunately, most states don't tax this amount as does the Feds.</P> <P>&nbsp;</P> <P>To be sure, if these amounts are reached, one should complete the form <A title="W4P" href="https://www.irs.gov/pub/irs-pdf/fw4p.pdf" target="_self">W-4P</A></P> <P>With this form, you can have <STRONG>7, 10, 12, 22% </STRONG>withheld from your social security<STRONG>. </STRONG>These amounts add to the federal taxes withheld from pensions, w-2s and the like,</P> <P><STRONG>The maximum amount</STRONG> of Social Security that is subject to taxation is <STRONG>85%.</STRONG></P> <P>&nbsp;</P> <P>Good Luck to You!</P> <P>&nbsp;</P> Wed, 27 Jul 2022 20:07:04 GMT https://ttlc.intuit.com/community/taxes/discussion/re-social-security/01/2759667#M1001091 JandKit 2022-07-27T20:07:04Z