Hi,...Whether or not (and how much of) a social security benefit
is taxable is based on TOTAL household income
....More accurately, it's based on what Social Security calls "combined income," with is actually a very specific term meaning 1/2 of social security income PUS other household income....If you:...file a federal tax return
as an "individual
" and your combined income* isbetween $25,000 and $34,000, you may have to pay income tax on up to 50 percent of your benefits.more than $34,000, up to 85 percent of your benefits may be taxable....file a joint return
, and you and your spouse have a combined income* that isbetween $32,000 and $44,000, you may have to pay income tax on up to 50 percent of your benefitsmore than $44,000, up to 85 percent of your benefits may be taxable....are married and file a separate tax return, you probably will pay taxes on your benefits....And again that "combined income:"...*Your adjusted gross income
+ Nontaxable interest
+ ½ of your Social Security benefits= Your "combined income"