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    elkdog454's Avatar
    elkdog454 Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 23, 2007, 11:21 AM
    Social security disablity
    Is my social security disability income taxable do I have to pay taxes on it
    delite's Avatar
    delite Posts: 202, Reputation: 3
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    #2

    Nov 24, 2007, 08:24 AM
    Quote Originally Posted by elkdog454
    is my social security disability income taxable do I have to pay taxes on it
    General rule is that disability paymnets is income.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    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's Avatar
    Mobea Posts: 220, Reputation: 15
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    #4

    Nov 25, 2007, 06:20 PM
    Agree with ATE
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #5

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

    This is unprecedented! :-)
    Mobea's Avatar
    Mobea Posts: 220, Reputation: 15
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    #6

    Nov 27, 2007, 09:07 PM
    Sometimes you're just right.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #7

    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's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #8

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

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