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85% of Social Security benefit could be taxed

Por: Orlando Sentinel Business March 09, 2023

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Q: I am 70 years old, still working and have not taken my Social Security benefit. I believe it maxes out at 70. So, I want to take it now and bank the money. Would I pay income tax on both my salary and Social Security benefit? – C.D., Kissimmee A: Depending on how much your work income and Social Security benefits are, up to 85% of your Social Security benefits may be taxed. Consult a tax adviser to determine the facts. – Nancy Hecht Q: I... + full article



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