Tag Archives: taxation of Social Security

At this time of year everyone is thinking about taxes!  But what most people don’t understand is, if or how Social Security retirement income is taxed. But once they get their first tax returns done during retirement they find out. But they are probably also unaware of the next tax-trap that will eventually come. I lost my Mom in 2013, but the IRS allows a couple to file jointly for that years tax return.  In 2014, since my Mom was no longer alive, my Dad … Continue reading