Can someone verify that there are no tax consequnces. I lost my home in a house fire just over a month ago. The insurance proceeds and the sale of the property are high
I am considering retiring. How does receiving Social Security affect my taxes? Is Socially Security taxable Federal Income and/or State income Taxed?
I am withdrawing from my retirement to help with inflation. Do I just add this amount to my income than apply the standard deduction to get my taxable income?