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I am now retired and have filed for Social Security. Do I have to pay taxes on social security benefits?

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William Keats
You may have to pay taxes on part of your social security benefits. The net result is based on a formula. Basically, if you are single, and income is $25000. or more; married-filing-jointly, and income over $32000; or more; married, but not living with spouse for full tax year and income over zero, these situations will have taxable social security..
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