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elkdog454
Nov 23, 2007, 11:21 AM
Is my social security disability income taxable do I have to pay taxes on it

delite
Nov 24, 2007, 08:24 AM
is my social security disability income taxable do I have to pay taxes on it
General rule is that disability paymnets is income.

AtlantaTaxExpert
Nov 25, 2007, 11:29 AM
Social Security diability is NOT taxable if it is your only income source.

If combined with other taxable income, it can become taxable.

Mobea
Nov 25, 2007, 06:20 PM
Agree with ATE

AtlantaTaxExpert
Nov 27, 2007, 06:48 PM
What, we agree?

This is unprecedented! :-)

Mobea
Nov 27, 2007, 09:07 PM
Sometimes you're just right.

MukatA
Nov 28, 2007, 04:39 AM
Your social security (including disability) benefits may be taxable, if the total of:
*One-half of your benefits, plus
*All your other income, including tax-exempt interest
Is more than the base amount for your filing status

Social security benefits do not include supplemental security income (SSI) payments, which are not taxable.

Your base amount is: $25,000 if you are single, head of household, or qualifying widow(er), $25,000 if you are married filing separately and lived apart from your spouse for all of 2006, $32,000 if you are married filing jointly, or $-0- if you are married filing separately and lived with your spouse at any time during 2006.

AtlantaTaxExpert
Nov 29, 2007, 10:05 AM
Well said, even if it is a bit redundant!