ChristopherLee
Jan 29, 2012, 10:34 PM
8548 income and 7500 401k withdrawal
AtlantaTaxExpert
Jan 30, 2012, 02:53 PM
It MAy have some effect, but I need to know what you received in SSD and SSI benefits to know for sure.
ChristopherLee
Jan 30, 2012, 06:59 PM
I have not received any benefits. I am in the process of appeal and just hired an attorney.
AtlantaTaxExpert
Jan 31, 2012, 07:47 AM
Tax-wise, since you have yet to received benefits, you will be taxed on the income cited.
As to whether getting this income will affect your ability to actually DRAW benefits, that is a legal/benefits question, not a tax question.