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Explaining to me that taxing my SS benefit more every year is a good thing because it helps fund Medicare doesn't make me glad it isn't indexed.  I feel taxes are a good concept, but I believe corporations and the folks wealthy enough to figure out h...
alanmcdonley 01-25-2023 04:31 PM
1
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1
Kudo
3311
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Every year we use the 1040A "Social Security Benefits Worksheet--Lines 6a and 6b" to compute how much of our Social Security benefit is taxable.  In step 10 a "standard deduction" is subtracted - $12,000 if MFJ, or $9,000.  This value equates to one-...
alanmcdonley 01-24-2023 07:52 AM
2
Replies
1
Kudo
3439
Views
Explaining to me that taxing my SS benefit more every year is a good thing because it helps fund Medicare doesn't make me glad it isn't indexed.  I feel taxes are a good concept, but I believe corporations and the folks wealthy enough to figure out h...
alanmcdonley 01-25-2023 04:31 PM
1
Reply
1
Kudo
3311
Views
Every year we use the 1040A "Social Security Benefits Worksheet--Lines 6a and 6b" to compute how much of our Social Security benefit is taxable.  In step 10 a "standard deduction" is subtracted - $12,000 if MFJ, or $9,000.  This value equates to one-...
alanmcdonley 01-24-2023 07:52 AM
2
Replies
1
Kudo
3439
Views
Explaining to me that taxing my SS benefit more every year is a good thing because it helps fund Medicare doesn't make me glad it isn't indexed.  I feel taxes are a good concept, but I believe corporations and the folks wealthy enough to figure out h...
alanmcdonley 01-25-2023 04:31 PM
1
Reply
1
Kudo
3311
Views
Every year we use the 1040A "Social Security Benefits Worksheet--Lines 6a and 6b" to compute how much of our Social Security benefit is taxable.  In step 10 a "standard deduction" is subtracted - $12,000 if MFJ, or $9,000.  This value equates to one-...
alanmcdonley 01-24-2023 07:52 AM
2
Replies
1
Kudo
3439
Views
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Date Registered ‎08-05-2014 04:13 PM
Last Visited ‎03-02-2023 12:08 AM
Total Messages Posted 2
Total Kudos Received 2
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