What would you like to do?

When did Social Security retirement benefits become taxable?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

Social Security retirement benefits became taxable during the Carter administration at the same time Unemployment benefits were made taxable (also under the Carter administration).
5 people found this useful
Thanks for the feedback!
Follow

What's the process of creating a mobile app like, from brainstorming and developing to releasing?

View Full Interview

Can your ex wife receive social security benefit when you retire?

Yes: If the ex-husband is currently collecting and they have been married for at least 10 years prior to the divorce. Also, if the husband has not yet filed a claim, the ex-wi

When did Social Security Benefits become taxable under the IRS Income Tax Code?

In 1981 the National Commission on Social Security Reform (sometimes referred to as the Greenspan Commission after its Chairman) was appointed by Congress and President Reagan

Do you pay tax on Social Security benefits after retirement?

If you are retired and Social Security benefits are your only source of income, you will need to file, but generally will not be taxed. If you received income from sources oth
Can a convicted felon receive Social Security retirement benefits?

Can a convicted felon receive Social Security retirement benefits?

An otherwise eligible convicted felon may receive Social Security disability or retirement benefits when he or she is not incarcerated for more than 30 days and has no outstan

When can you receive your social security retirement benefits?

You can receive social security benfits at the age of 65 or if you were born after 1959, 67. This is said to possibly increase with the increasing number of older individuals
What is the taxable amount of social security benefits?

What is the taxable amount of social security benefits?

From 50% to 85% of your SSB can become taxable income at your marginal tax rate when you have other sources of worldwide income and tax exempt interest and dividends that have

Can Social Security stop your retirement benefits?

I was getting partial retirement benefit since 2010, but I did not get paid in 2011 from Sept 2011 to December 2011, they paid me 769. in the month of Jan 2012 after that they

Are social security benefits taxable in New York?

No. Social security benefits (as well as Tier 1 railroad retirement benefits) included in your federal adjusted gross income are exempt from state and local income taxes. See