5 Simple Statements About Social security income Explained
My spouse & I will both be turning 70 in 2024, so We'll begin getting social security. I know that eighty five% will be taxable & that we could specify around 22% be withheld for federal tax. So how is this carried out? Is just 85% from the monthly check taxed at 22% or is all the month-to-month total taxed? I maintain a spreadsheet of quarterly in