Are my Social Security benefits taxable?
Whether or not your Social Security benefits are taxable income depends entirely on how much your “combined income” is. Combined income is your adjusted gross income from working, plus any non-taxable interest you may have and half of your total annual Social Security benefits. Depending upon your income tax filing status there are thresholds which, if you exceed, will turn a portion of your Social Security benefits into taxable income. In this New Jersey Business article appearing at www.nj.com, columnist Karin Price Mueller explains how your benefits could become taxable. Click here to read more.
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