Social Security

dvette8 — Thu, 18 Feb 2021 13:49:10 GMT

is it necessary to take taxes out of your social security check??

Re: Social Security

HelenC12 — Thu, 18 Feb 2021 14:02:07 GMT

No, it's not necessary to take taxes out of your social security check but you may want to if you have other income which causes your social security becomes income to become taxable. Social security income may be taxed up to 85%.

See Is my Social Security income taxable?

If you don't want to have taxes withheld from your social security checks but you will owe income taxes on social security income and other income you may have, you can do estimated tax payments.

See How do I make estimated tax payments?

topic Social Security in Retirement tax questions

Social Security

Re: Social Security