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-   -   What is income while on social security (https://www.askmehelpdesk.com/showthread.php?t=448818)

  • Feb 18, 2010, 06:20 PM
    jaggged
    What is income while on social security
    I am trying to understand what is considered income while receiving social security benefits? I know W2 income is, but are there other forms of income such as 1099, rental income, etc?
  • Feb 19, 2010, 07:35 AM
    ebaines

    Your SS benefits may be affected by the amount of your "earned income," which basically means salary, wages and tips. It is not affected by unearned income - such as interest, dividends, capital gains, pensions, or withdrawals from your retirement savings plans - IRA, 401(k), or 403(b) for example. So it depends on what type of 1099 you're talking about - if you are a contractor and receive a 1099 from a client, then it's earned income. But if it's a 1099-INT, 1099-DIV, 1099-R, or 1099-B - then it's not.

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