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It depends. If you are below the filing requirement then you do not have to file. Review the chart in the link below to see if you are below the filing requirement. Keep in mind this is federal rules and you may need to check your state filing requirements (link provided below).
There are two key components for social security.
- It could become taxable up to a maximum of 85% depending on your other taxable income.
- if half of your social security, combined with your other taxable income is below $25,000 for single ($32,000 for married, or $0 for married filing separate), then none of your social security would count as taxable income.
- IRS FAQ for Social Security Income
- Is my Social Security income taxable?
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