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Best answer by SherryM

That depends on your income. In principle, the answer is yes, social security is taxable. In practice , it's not quite that simple. If you have other income in retirement, income from a 401(K), for example then you should expect to pay taxes on your social security benefits. If you rely exclusively on your social security checks, you probaly won't pay taxes on your benefits.

1 reply

SherryMAnswer
June 3, 2019

That depends on your income. In principle, the answer is yes, social security is taxable. In practice , it's not quite that simple. If you have other income in retirement, income from a 401(K), for example then you should expect to pay taxes on your social security benefits. If you rely exclusively on your social security checks, you probaly won't pay taxes on your benefits.