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July 31, 2024
Question

Started collecting my social security this year and still working

  • July 31, 2024
  • 2 replies
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Started collecting my Social Security this year and I'm still working I'm 70 years old self employed Married and we  file a joint tax return my wife does not work. We will make about $70,000 from my work in 2024 and about $36,000 from social security How much will I be taxed on this situation?

Thank you

2 replies

DoninGA
Employee
July 31, 2024

Go to this TurboTax website for the TaxCaster calculator to estimate your tax refund or taxes owed - https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

TeriH
July 31, 2024

Great question!

In order to answer that question, more information is needed.  such as age of wife.  We have a free tool called the TaxCaster.  You complete the online questions and it will give you the answer.  BUT, note this is for 23.  It should be ...close... but until 24 is available, that is the best solution.

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