Are Social Security benefits taxable?

Yes, Social Security benefits are taxable in Washington. Depending on the individual’s total income, a portion of their Social Security may be taxable. This means that those who receive Social Security benefits may have to pay taxes on it. According to Washington State tax laws, up to 50 percent of Social Security benefits are taxable if the recipient’s combined income is between $25,000 and $34,000 for an individual or $32,000 to $44,000 for a married couple filing jointly. If the combined income is above those amounts, then up to 85 percent of Social Security benefits are taxable. Combined income includes adjusted gross income (AGI) plus any nontaxable interest income plus half of Social Security benefits. The Washington Department of Revenue states that those who are receiving Social Security benefits should report them as income on their tax forms. They should also make sure to keep track of any changes in their income and contact the Department of Revenue or a tax professional for help if they have questions or need assistance.

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Are Social Security benefits taxable?

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