July 27, 2022 10:33 AM
last updated July 27, 2022 10:33 AM
I will start collecting Social Security in 2023 and will still continue working full time. If I earn less than $50,000 in 2023 at my full-time job while collecting full social security at age 66 and 4 months, how will that affect the amount of federal income taxes I will need to pay?
July 27, 2022 10:35 AM
Some of your SS may be taxable. You might want to have withholding taken out of SS or increase your job withholding to cover it.
Up to 85% of Social Security becomes taxable when all your other income plus 1/2 your social security, reaches:
Married Filing Jointly: $32,000
Single or head of household: $25,000
Married Filing Separately: 0
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