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Social security taxation
working full time made 45000 work 20000 social security for 2016
what is my tax responcibility??
what is my tax responcibility??
The Social Security benefits received are reported on your federal tax return. The benefits received can be taxable depending on your other income.
Up to 85% of Social Security becomes taxable when all your other income plus 1/2 your social security reaches:
- Married Filing Jointly - $32,000
- Single or Head of Household - $25,000
- Married Filing Separately - 0
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