How Much Can I Make Before I Have To Pay Taxes?

Dec 27 2016 - 10:45am

I currently draw 18168.00 a year in social security. My question is how much more a year can I make ( ie: selling stock or selling some things in my house) before I have to pay taxes. I am 64 and totally disabled. will be 65 in 4 months.

Hi,

Sorry, but I'm not a tax expert. You might try searching for an answer on irs.gov (https://www.irs.gov/).

I do know that a single person can have up to $25,000 per year in income, excluding half of their Social Security benefits, before any of their Social Security income is taxable. For couples filing jointly, the figure is $32,000. For more information on that provision, see the following: https://www.ssa.gov/planners/taxes.html.

Best, Jerry