Ask Larry

Will I Have To Pay Tax On The Social Security Benefits Paid In 2022 If I Repay Them In 2023?

If I withdrawal my social security application in December and they don’t process for 60 days, will I still have to pay tax on the 2022 income received if it’s not paid back till 2023?

Hi. I'm sorry, but I'm not able to answer your question. Although I am an expert regarding Social Security benefits, I have no expertise in income tax regulations.

Best, Jerry

Posted: 
Nov 17 2022 - 11:05am
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