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I am getting ready to apply Security. I receive a pension.

Customer Question
I am getting ready to...
I am getting ready to apply for Social Security. I receive a pension.
Are taxes withheld from social security, if not I need to up the tax withholding from the pension so I equal out at the end of the year
Submitted: 1 year ago.Category: Tax
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Answered in 5 minutes by:
7/27/2016
Tax Professional: Mark Taylor, Certified Public Accountant (CPA) replied 1 year ago
Mark Taylor
Mark Taylor, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 2,388
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Hi, my name is Mark. I will be happy to help you with your questions.

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Tax Professional: Mark Taylor, Certified Public Accountant (CPA) replied 1 year ago

Taxes are not normally withheld from Social Security. However, you can request that they do withhold taxes.

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Tax Professional: Mark Taylor, Certified Public Accountant (CPA) replied 1 year ago

You do have the option for Social Security to withhold taxes.

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Tax Professional: Mark Taylor, Certified Public Accountant (CPA) replied 1 year ago

I hope you found this information to be beneficial. If this answered your question please take a few moments to rate my response. A rating is needed in order for me to receive credit for helping you today. The rating bar is located at the top of the page – ranging from 1 to 5 stars. If you need me to clarify aspect of my response or if there are additional areas of the question that you would like me to consider please let me know. I would be happy to continue the discussion. It has been my pleasure helping you today.

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Tax Professional: Mark Taylor, Certified Public Accountant (CPA) replied 1 year ago

Please let me know if you have any questions or need clarification. I am happy to help.

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