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I'm 74 yrs old and retired. I make approximately 50 k per yr

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My name is***** 74 yrs...
My name is***** 74 yrs old and retired. I make approximately 50 k per yr now. My question is if I make an additional 11k this year how will that affect my year end taxes to be paid.
Submitted: 1 year ago.Category: Tax
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Answered in 2 minutes by:
9/6/2016
Tax Professional: Lane, JD, CFP, MBA, CRPS replied 1 year ago
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 12,878
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986
Verified

Hi Otis. My name's Lane. I can help here.

...

First can you tell me (1) How you file (married filing jointly, single, etc) and (2) whether or not you itemizes on your taxes.

...

I'll need both to calculate how MUCH of your social security is taxable which will then let me calculate the taxes

...

Let me know... I'll be here

..

Lane

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Lane
Lane
Lane, JD, CFP, MBA, CRPS
Category: Tax
Satisfied Customers: 12,878
12,878 Satisfied Customers
Experience: Law Degree, specialization in Tax Law and Corporate Law, CFP and MBA, Providing Financial & Tax advice since 1986

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