What should we be doing to maximize our refund and retirement?
We got back $453.00 refund this year. My ssi was taxed at 85%
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If you are retired and only receiving social security and retirement income there is not a lot you can do to change your tax situation. Depending on your wife's age:
But some things you can do to lower your tax liability for next year would be:
If you fall into the following, 85% of your social security is taxable income
If you fall into the following, 50% of your social security is taxable income
Your combined income is calculated by adding your
Social Security Benefits Taxes
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