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How Much Of My Income Is Going To Be Taxable?

I am currently 69 years old and just started working. I receive full Social Security benefits through the widows benefits and I am receiving DIC from the veterans how much of my income is going to be taxable



Hi. My expertise is limited to Social Security benefits, so here is what I can tell you. Social Security taxes are collected on covered earnings regardless of the worker's age and whether or not they are drawing Social Security benefits. And, part of your Social Security benefits can be taxable as income depending on the amount of your total countable income. For more information on taxation of Social Security benefits, refer to the following Social Security website: https://www.ssa.gov/benefits/retirement/planner/taxes.html.

Best, Jerry

Posted:
September 22, 2021