Скачать или смотреть How Social Security Taxes Are Calculated [2024 Update]

How Social Security Taxes Are Calculated [2024 Update]

🔴 IRS Publication 915: https://www.irs.gov/pub/irs-pdf/p915.pdf

✅ SUBSCRIBE to NOT being a transaction ever again... https://bit.ly/33TpKqD
✅ Like us on Facebook!   / stop-being-sold-524309451006118  
✅ Check out our site for more tips https://stopbeingsold.com/

Today we are going to go Live on my screen and use the following worksheet in IRS Publication 915 Social Security and Equivalent Railroad Retirement Benefits.

You could pay taxes on up to 85 percent of your Social Security benefits.

If you:
• file a federal tax return as an "individual" and your combined income is
o between $25,000 and $34,000, you may have to pay income tax on up to 50 percent of your benefits.
o more than $34,000, up to 85 percent of your benefits may be taxable.
• file a joint return, and you and your spouse have a combined income that is
o between $32,000 and $44,000, you may have to pay income tax on up to 50 percent of your benefits.
o more than $44,000, up to 85 percent of your benefits may be taxable.

#socialsecurity #socialsecuritytaxes #taxes2024 #socialsecuritybenefits #retirementincomeplanning #retirement