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An Update on the Taxation of Your Social Security Benefits
Heading into the depths of tax season, the question of how much of one’s Social Security benefit is taxable tends to cause some confusion. I a post today on www.forbes.com, staffer Kelly Phillips Erb provides a comprehensive explanation of this taxation issue, and explains some related aspects of the general tax landscape. This topic is also important for folks planning for next year’s tax situation, since the taxation issue needs to be taken into account for forecasting purposes for those who file quarterly estimated tax payments. Read the post here…