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March 24, 2024
Question

Social Security tax rates

  • March 24, 2024
  • 1 reply
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single tax payer social security is taxed at 50% at what maximum gross income level

    1 reply

    March 24, 2024

    For a single person, if the total of (1) half of your social security income plus (2) all your other income exceeds $25,000, then your social security income will become partially taxable on a sliding scale between 50% and 85%. 

     

    See question 1 of this IRS Q&A.

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