Pensions taxable

Jm931 — Wed, 11 Feb 2026 07:10:04 GMT

I am recieving my deceased husband's pension through monthly payments. Should I be paying taxes on this? I currently am having taxes taken out my payments but not sure if I should.

Re: Pensions taxable

Vanessa A — Wed, 24 Apr 2024 20:29:25 GMT

Possibly. Pensions are taxable income so if your total income is above $14,600 (plus $1,550 if you are over 65) then you would need to pay taxes on that income. Social Security can be taxable at 50% or 85% depending on your other income.

If you fall into the following, 85% of your social security is taxable income

Single with income above $34,000
Married Filing Jointly with income above $44,000
Married Filing Separate regardless of income

If you fall into the following, 50% of your social security is taxable income

Single with combined income between $25,000-$34,000
Married Filing Jointly with combined income between $32,000 and $44,000

Your combined income is calculated by adding your

AGI plus
Nontaxable Interest plus
1/2 of your social security Benefits

Social Security Benefits Taxes

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Pensions taxable

Re: Pensions taxable