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Patti1956
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Federal Taxes

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?

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Federal Taxes

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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