Ask Larry

How Can I Minimize The Amount Of Taxes I Have To Pay Back?

I am 66 years of age ( I am still working), my Husband died in 12/2016 I receive his benefits. I plan to retire in 6/2018 my son is doing my taxes and said I will have to pay taxes. Is it because I worked and received his benefits? How can I minimize the amount of taxes I have to pay back.
Thank You

Hi,

I'm sorry for your loss.

I wish I could help you, but I'm not a tax expert. I can only tell you that depending on your total income, you may be required to pay taxes on at least some of your Social Security benefits (https://www.ssa.gov/planners/taxes.html).

Best, Jerry

Posted: 
Mar 6 2018 - 11:18am
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