Ask Larry

Will I Need To File Taxes Due To The Social Security Raise?

Hi larry, you have helped me so much with prior questions.

I'm concerned with the ss raise do I file taxes?

Hi. My expertise is limited to Social Security benefits, so I can't tell you whether or not you need to file a tax return. If you have any doubts about that, you should check with the IRS.

What I can tell you in general is that Social Security benefits can in some cases be subject to income taxes, but whether or not they are depends on the total amount of your income. You can find basic information about the potential taxation of Social Security benefits on the following Social Security website: https://www.ssa.gov/benefits/retirement/planner/taxes.html.

Best, Jerry

Posted: 
Jan 23 2023 - 1:01pm
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