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Question
I’m 63 receiving SS each month. The limit I can earn is about 19,000. What happens if I go over that amount?
AI accountant’s answer:
Hi there! Social Security income is tax-free until your income exceeds $25,000 for single filers. Once you cross that threshold, half of your benefits become subject to tax.
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Answer
Hi there! Social Security income is tax-free until your income exceeds $25,000 for single filers. Once you cross that threshold, half of your benefits become subject to tax.
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