Social Security Questions? Ask a Social Security Expert
HiI'm Anne & I've been preparing taxes for 28 years. I'm reviewing your question now, and will post back with your reply momentarily.
Yes, there is a limit to what you can earn from your job and not have it affect your SS benefits (For 2016 the $ limit is $15,720) however you will NOT be in "big trouble" if you earn more than that $ amount.
Your benefits will simply be reduced by $1 for every $2 you earn above the limit of $15,720, and the adjustment will take place in 2017 for 2016. Please see below:
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