Return to the Household Finances Forum | Post a Follow-Up

 o
Is SSI taxable?

Posted by PoohBear2767 (poohbear2767@despammed.com) on
Wed, Jan 28, 04 at 17:44

This year I started getting disability/SSI checks.
Do I pay taxes on this income.
Nothing is withheld on it.
Doesn't make sense that they would give it to me
and then take part of it back. But it is the IRS.
We still have my wife's income. But what about SSI.
Will SSI count against us when we file our taxes.

Thanks.

Pooh Bear


Follow-Up Postings:

 o
RE: Is SSI taxable?

I am by no means a tax expert but this is what I understand.
You should receive a 1099 from the govt that explains all of this as well.
basically if you are planning to file jointly add your net benefits and any other total income including your spouses income (do not adjust for deductions), and any tax-exempt interest - if it more than $32000 you may need to pay taxes.
If you file separately do the same as above but would not include you spouse's income and if it is over $25000 your benefits may be taxable.


 o
RE: Is SSI taxable?

I found an answer to this question at the link below.
Thanks.

Pooh Bear

Here is a link that might be useful: SSI benifits are not taxable


 o Post a Follow-Up

Please Note: Only registered members are able to post messages to this forum.

    If you are a member, please log in.

    If you aren't yet a member, join now!


Return to the Household Finances Forum

Information about Posting

  • You must be logged in to post a message. Once you are logged in, a posting window will appear at the bottom of the messages. If you are not a member, please register for an account.
  • Please review our Rules of Play before posting.
  • Posting is a two-step process. Once you have composed your message, you will be taken to the preview page. You will then have a chance to review your post, make changes and upload photos.
  • After posting your message, you may need to refresh the forum page in order to see it.
  • Before posting copyrighted material, please read about Copyright and Fair Use.
  • We have a strict no-advertising policy!
  • If you would like to practice posting or uploading photos, please visit our Test forum.
  • If you need assistance, please Contact Us and we will be happy to help.


Learn more about in-text links on this page here