Taxable Social Security Benefits

This handout explains the calculation of income to determine what amount, if any, of Social Security benefits are taxable. It also provides strategies to prevent Social Security benefits from becoming taxable.

HIGHLIGHTS: 

  1. Taxable benefits.

  2. Worksheet to determine if benefits are taxable.

  3. How much is taxable?

  4. Planning tips and strategies.


CLIENTS WHO MAY BENEFIT:

  1. Taxpayers who will be taking Social Security benefits.

  2. Retired individuals with taxable income from sources other than Social Security.

  3. Retired individuals going back into the workforce.

Individual Income Tax, Planning & Life IssuesClare FazackerleyTax, Social Security, Taxable Benefits, Taxable Social Security, Worksheet, Retirement Income, Retirement Planning