Thread: i am approved now tell me about taxes
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Old 08-12-2010, 11:38 AM
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Join Date: Jan 2010
Posts: 152
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Quote:
Originally Posted by Joegoog23 View Post
If you are single, then the IRS will take 1/2 of your ssdi and add all your other income to that number. If it is less than $25,000 then none of your ssdi is taxable.

If it is more than $32,000 then 85% of your benefits are taxable. If between $25,000 and $32,000 then a worksheet will figure it out.

If married and filing jointly, the numbers are $32,000 and $44,000.

Any questions feel free to ask as I have IRS experience.

Joe
Joe,, I am confused,, you say married filing jointly,, 32,000 and 44,000 I dont understnad the two numbers,,, as I am sure me and my wife will be filing jointly,, I had STD before SSDI,, and now I will get my pension,, I have no idea how its going to work out tax wise
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