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The answer depends on your total income and filing status Social security income can be taxable at the federal level, but whether you have to pay taxes on your social security benefits depends on your income For most people receiving only social security benefits, you don't need to file a tax return

Here's how to know for sure Find out how this change could reduce your tax bill and when it goes into effect. If you're single and your total social security benefits for the year were less than $25,000, you generally don't need to file

If you're married filing jointly, that threshold increases to $32,000 of combined.

It is a common question for many individuals whether they need to file a federal income tax return if their only source of income is social security benefits The answer depends on several factors, including total benefits received and any other income you might have Understanding the rules surrounding social security taxability and federal filing requirements can help determine if you need. If social security benefits are your only income, determining whether you need to file a tax return is straightforward

According to irs guidelines for 2024, individuals whose income consists solely of social security generally do not need to file a federal tax return. Learn how to calculate the taxable portion of your social security benefits Understand income thresholds, provisional income and strategies to minimize tax liability. Find out if your social security benefits are subject to federal income tax and explore the different methods for meeting your annual tax obligation.

Generally, if social security benefits were your only income, your benefits are not taxable and you probably do not need to file a federal income tax return.

Learn how much of your social security income is taxable and when you need to file a tax return Find out the federal and state tax rules, exceptions, and tips from a certified financial coach and tax professional. But tax professionals and policy analysts say that's not what the law actually does Social security benefits remain taxable — up to 85%, depending on income.

Trump's 2025 tax law offers a new $6,000 deduction for seniors on social security

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