Baby Boomers

llmart

(16,331 posts)

23. Yes, I already know that they won't take any next year....

Thu Oct 16, 2014, 08:34 AM

Oct 2014

but it's still a stupid rule to take $1 for every $2 you make over $15,480. And if you make even $10 over they'll take your whole check and you have to wait a year to get the balance back.

Yep, I paid taxes on some of my Social Security last year. Another kick in the head.

I know this is an unpopular thing to say on DU, but sometimes I can actually understand why there are people like the tea partiers. I believe in paying my taxes and paying a fair share, but what's fair about taxing the Social Security of someone who lives on very little? I still say that AARP should focus some effort on getting the cap on Social Security lifted so those who make a good living should pay into Social Security on all of their wages.

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Can I ask a stupid question about retirement here? [View all] wryter2000 Jun 2014 OP

if you put that exact question into Google dixiegrrrrl Jun 2014 #1

good link OKNancy Jun 2014 #2

You still have to pay Medicare part B. El Supremo Jun 2014 #3

Many thanks wryter2000 Jun 2014 #4

I don't think you can retire here. Skinner won't allow it. ret5hd Jun 2014 #5

Damn wryter2000 Jun 2014 #6

You do not pay Social Security or Medicare tax on your Social Security. You do pay on Hoyt Jun 2014 #7

Very helpful wryter2000 Jun 2014 #8

What others have already said. SheilaT Jun 2014 #9

It's not about avoiding taxes wryter2000 Jun 2014 #10

Very good. SheilaT Jun 2014 #11

You said a mouthful wryter2000 Jun 2014 #12

Well, Sheila, it's all about how much the retiree is getting.. whathehell Oct 2014 #13

If your only income is your measly social security check, SheilaT Oct 2014 #14

Well, that's very good.. whathehell Oct 2014 #15

There is some minimum below which there are no federal income taxes SheilaT Oct 2014 #16

Thanks for that information, Sheila T. whathehell Oct 2014 #17

and that's why they may LiberalElite Mar 2015 #25

I posted this earlier but here is info about taxes on SS OKNancy Oct 2014 #18

I paid federal taxes on a portion of my income..... llmart Oct 2014 #19

The rule about your SS being reduced SheilaT Oct 2014 #20

Just because it's been around forever.... llmart Oct 2014 #21

Once you turn 66 they won't take SheilaT Oct 2014 #22

Yes, I already know that they won't take any next year.... llmart Oct 2014 #23

All I can say is that at least you already know about this, SheilaT Oct 2014 #24