see the social security tax limits to see if you must pay federal income taxes on some (50%) or most
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if your only source of income is social security you may not owe taxes on it to the irs (and state)
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taxes are not withheld, if you know you will end up paying income taxes on your social security
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![social security earnings limit [updated]](https://i.ytimg.com/vi/tX8mJUnJUkA/mqdefault.jpg)
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social security earnings limit [updated]
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if you exceed the earned income limits, your social security will be reduced!
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the income amounts have not changed since taxing social security began in the 1980s
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retirees are shocked to learn their social security will be taxed. most don’t find out till tax time
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social security is based on your highest 35 years of earnings indexed for inflation.