Early Retirement income question

My wife and I are looking at claiming social security early due to job market issues. We are both working as School Bus Drivers mostly for the Insurance benefits. We both make under the $18,960 income limit through the schools. We have a rent house. Would the income from the rent house/investment property count toward the $18,960? If so, how does that work?

Honored Social Butterfly

Here is your answer from AARP

AARP 12/28/2020 - Can rental income reduce Social Security benefits? 


Just make sure you are claiming the rental income on Schedule E which then flows to Form 1040 - Schedule 1 under Additional Income. 

(see line 5 on Schedule 1 


It's Always Something . . . . Roseanna Roseannadanna
Showing results for 
Show  only  | Search instead for 
Did you mean: 
Need to Know

"I downloaded AARP Perks to assist in staying connected and never missing out on a discount!" -LeeshaD341679

AARP Perks

More From AARP