How much can I earn a year and not have my Social Security taxed?

2 answers | Last updated: Mar 20, 2014
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An anonymous caregiver asked...
My question is how much can I earn a year without having my Social Security taxed for 2009 and 2010? I am 73 years old and do not want to stop working. Thank you!
 

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Caring.com User - Steve Weisman
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As much as 85% of your Social Security benefits may be subject to federal income tax depending on the amount of what is called your "provisional income." Your provisional income See also:
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See all 384 questions about Social Security Benefits
is made up of your Adjusted Gross Income plus one-half of your Social Security benefits. Adjusted Gross Income includes your taxable wages, pensions, interest, dividends, other taxable income and tax-exempt income.

If you have provisional income of less than $25,000 ($32,000 if you are married and filing a joint return, none of your Social Security benefits will be taxable. If your provisional income is between $25,000 and $34,000 ($32,000 and $44,000 if married and filing a joint return) up to 50% of your benefits may be taxable. If your provisional income is more than $34,000 ($44,000 if married and filing jointly) up t 85% of your Social Security benefits may be taxable.

 

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c12578 answered...

I am single, 72 years old, drawing $1696 per month in social security. How much can I earn in wages before my social security income becomes taxed?

 

 
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