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Social security benefits can be taxed.

If the earnings of an individual are above a certain amount, a portion may be taxable.

If the earnings of an individual are above a certain amount, a portion may be taxable.People receiving social security benefits will have to pay federal income tax on a percentage of those payments. Social security plans provide retirement, survivor, and disability monthly benefits. The portion of taxable benefits depends on the applicant’s income and filing status.

If income is more than $25,000 for an individual or $32,000 for a married couple filing jointly, they must pay income taxes on their social security benefits. When the salary is more than $34,000 (for an individual) or $44,000 (for a couple), one person has to pay taxes up to 85 percent of social security benefits. If an individual files a total income of less than $25,000, they won’t have to pay taxes on social security benefits.

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