Friday, August 20, 2010

Will I have to pay tax on social security benefit from divorced deceased spouse of 13 years?

When you receive social security benefits, the benefits will be taxable to you based on your other income in the year you receive the benefits or the year the benefits are received for. Why you are receiving the benefits is not a factor in determining taxability of the benefits.





The general rule for determining if your SS benefits are taxable is, take half of your SS benefits and add all of your other income. If you are unmarried and this figure is above $25,000, or if you are married filing jointly and this figure is above $32,000, then s portion of your benefits will become taxable. Depending on how much above this figure, up to 85% of your benefits could be taxable.





Laura H 鈥?H%26amp;R Block 鈥?Senior Tax Advisor 5


**This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided.Will I have to pay tax on social security benefit from divorced deceased spouse of 13 years?
hrblock is right again. I paid taxes on my widow's SS because I am still employed

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