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Hello @ DBH!
Thanks for the great question! According to SSA.gov, "In 2023, you earn 1 Social Security and Medicare credit for every $1,640 in covered earnings each year. You must earn $6,560 to get the maximum 4 credits for the year."
Source: https://www.ssa.gov/benefits/retirement/planner/credits.html
You are asking a question in the income tax forum that you should be asking Social Security.
Hello @ DBH!
Thanks for the great question! According to SSA.gov, "In 2023, you earn 1 Social Security and Medicare credit for every $1,640 in covered earnings each year. You must earn $6,560 to get the maximum 4 credits for the year."
Source: https://www.ssa.gov/benefits/retirement/planner/credits.html
thank you Gabrielle!
DBH
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