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February 10, 2025
Question

Is SS income figured into your yearly income? Or separate?

  • February 10, 2025
  • 2 replies
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    2 replies

    February 10, 2025

    It depends on how you are asking. 

     

    You will include your SSA-1099 on your return as all income from all sources are reported on a single return for the individual (or taxpayer and spouse). 

     

     How much of it that is included on your return as taxable income depends on your filing status and how much other income you have.  The amount on line 6a is the total amount you entered.  You will find the taxable amount of your SS on line 6b of your form 1040

     

    If you fall into the following, 85% of your social security is taxable income

    • Single with income above $34,000
    • Married Filing Jointly with income above $44,000
    • Married Filing Separate regardless of income

    If you fall into the following, 50% of your social security is taxable income

    • Single with combined income between $25,000-$34,000
    • Married Filing Jointly with combined income between $32,000 and $44,000

    Your combined income is calculated by adding your

    • AGI plus
    • Nontaxable Interest plus
    • 1/2 of your social security Benefits

    Social Security Benefits Taxes

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    Russ11Author
    February 13, 2025

    Thanks Vanessa,,,,,

    So,,, if my only income is from SS = 20k/year......and I am single,,,,can I make up to 34.000 (including SS),, and not have to file a return?

    Thanks so much,,,,

    Russ

    JohnB5677
    February 13, 2025

    Yes, you have the right concept, but there is a little twist.

     

    You must include half of the Social Security as income.

    In the case you suggested you would include $10,000 of the $20,000 you received in Social Security.

    That would leave you $24,000 for other income.

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