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Megan C
Megan C, Certified Public Accountant (CPA)
Category: Social Security
Satisfied Customers: 16547
Experience:  Licensed CPA, CMA, CFE, CGMA M.Accy Also Teach Accounting courses at Master's Level
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I am 66 years of age. I retired receiving social security

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I am 66 years of age. I retired receiving social security now. How much money can I make before I have to pay taxes? What happens if I get a 1099?
Thank you for your question! My name is XXXXX XXXXX I will be happy to help. If 1/2 of your benefits plus your other income is below 25,000 if single and 32,000 if married, no tax will be due on your benefits. If your benefits are taxable only up to 85% will be subject to tax.

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