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Does someone on disabled socialsecruity have to pay income taxes? |
Does someone on disabled socialsecruity have to pay income taxes? Generally, up to 50% of your benefits will be taxable. However, up to 85% of your benefits can be taxable if either of the following situations applies to you. 1. The total of one-half of your benefits and all your other income is more than $34,000 ($44,000 if you are married filing jointly). 2. You are married filing separately and lived with your spouse at any time during 2005. This amout may have changed for 2006. For more information, see Publication 15 at www.irs.gov No I don't think so do they have other income? If so, there is an amont where you would have to pay. Social Security Disability is not taxed until or unless you have other money or a spouse with money, when it goes over a certain amount the Social Security becomes taxable. I looked online at SSA.gov to find the exact amount, but never found the right place on the website. Yes, if their level of income is such that it is required, yes they do. |
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