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Does selling your house and making a profit affect your social security income?
Wiki User
∙ 13y ago
The taxable amount of any gain on the sale of your house business property or second home (not your main home or primary residence) could cause some of your SSB to become taxable income on your 1040 income tax return.
This type of income capital gain would not be included in the earnings test for the reduction of your SSB during the year before you reach your NRA.
Wiki User
∙ 13y ago
Anonymous
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