I receive Social Security Disability benefits, and they aren't taxable. The private disability insurance benefits are, but that amount is small enough (about $700/month) that, having had no income and no deductions to reclaim, I haven't had enough to be required to file a return. Is it different for regular post-retirement social security?
Unknown - A portion of regular Social Security CAN be taxable IF you have income from any source that, when added to Social Security, goes over a certain amount. (I don't know what that figure is.) "Any source" includes interest from savings accounts. I hope that answers your question.
I receive Social Security Disability benefits, and they aren't taxable. The private disability insurance benefits are, but that amount is small enough (about $700/month) that, having had no income and no deductions to reclaim, I haven't had enough to be required to file a return. Is it different for regular post-retirement social security?
ReplyDeleteUnknown - A portion of regular Social Security CAN be taxable IF you have income from any source that, when added to Social Security, goes over a certain amount. (I don't know what that figure is.) "Any source" includes interest from savings accounts. I hope that answers your question.
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