Some taxpayers have to pay federal income taxes on their Social Security benefits. This usually happens only if you have other substantial income (such as wages, self-employment, interest, dividends and other taxable income that must be reported on your tax return) in addition to your Social Security benefits.
- up to 50% of your benefits if your income is $25,000 to $34,000 for an individual or $32,000 to $44,000 for a married couple filing jointly.
- up to 85% of your benefits if your income is more than $34,000 (individual) or $44,000 (couple).
- SOCIAL SECURITY IS NEVER 100% TAXABLE.
Navigate to Federal Form 1040 line 6a Social Security benefits (6b is the taxable portion).
Another useful place to find the taxable amount is the Tax Summary, located under the Client Data & Information and Status worksheets