Ask Larry

Can You Explain This?

Can you explain why since PI income is not adjusted for inflation, over time a lower amount of MAGI causes a given amount of SSB to be taxable

Hi,

Sorry, but no. Social Security is my only area of expertise, and my knowledge doesn't extend to the taxation of benefits regulations (https://www.ssa.gov/planners/taxes.html).

Best, Jerry

Posted: 
Mar 31 2018 - 9:55am
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