What is the taxable amount of Social Security benefits in Oklahoma?

Answer An individual (with or without a spouse) has 50 percent of Social Security payments taxed if income is $25,000 to $34,000. If income surpasses $34,000, the taxation is on 85 percent of the SS payme... Read More »

Top Q&A For: What is the taxable amount of Social Security b...

Are both retirement benefits and Social Security Disability insurance benefits taxable?

SS retirement benefits ARE taxable - SS disability benefits MAY be taxable depending upon circumstances. See the Related Link below.

IRC Taxable Social Security Benefits?

You might have to pay taxes on some or all of your social security benefits according to the Internal Revenue Code (IRC). You may have to pay taxes on some of your social security or none of it, de... Read More »

Why are Social Security benefits taxable?

The Social Security program began withholding contributions from paychecks in 1937. However, the benefits were considered tax-free until 1984. New attitudes toward Social Security payments and new ... Read More »

When did Social Security benefits become taxable under the IRS?

President Reagan signed and made into law a specific amendment passed by Congress that applied to the taxation of Social Security benefits for the first time in 1983. Social Security had been exemp... Read More »