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Do Social Security recipients pay income tax on their monthly benefit?

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Postman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-05-07 09:25 PM
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Do Social Security recipients pay income tax on their monthly benefit?
eom
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-05-07 09:28 PM
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1. yup
after a certain age it`s zero
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phylla Donating Member (331 posts) Send PM | Profile | Ignore Wed Dec-05-07 09:28 PM
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depends on the amount of their other income
so the answer is that they might...
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mcscajun Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-05-07 09:28 PM
Original message
If their only income, generally, No.
Edited on Wed Dec-05-07 09:28 PM by mcscajun
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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-05-07 09:28 PM
Response to Original message
2. It depends...
Edited on Wed Dec-05-07 09:28 PM by EVDebs
http://www.aarp.org/research/socialsecurity/benefits/aresearch-import-362-FS88.html

and this

"Social Security benefits may be non-taxable or partially taxable, depending on your total income from other sources"

http://taxes.about.com/od/income/qt/Social_Security.htm
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williesgirl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-05-07 09:28 PM
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3. yes
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zabet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-05-07 09:34 PM
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4. My SS Disability
check is taxed because of
other income I receive during
the month.
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