Are Social Security benefits taxable in 2015?

Provisional income is adjusted gross income (not including Social Security) plus 50% of your benefits plus any tax-free interest from municipal bonds. If that income is between $25,000 and $34,00 on a single return or between $32,000 and $44,000 on a joint return, up to 50% of your benefits can be taxed.Jan 26, 2015 read more

The Treasury uses those estimates to credit income tax revenue to the Social Security trust funds. For 2015, OTA estimates that federal income taxes on Social Security benefits will equal about 5.9 percent of aggregate benefit income, in contrast with the 7.2 percent figure estimated by MINT. read more

Provisional income is adjusted gross income (not including Social Security) plus 50% of your benefits plus any tax-free interest from municipal bonds. If that income is between $25,000 and $34,000 on a single return or between $32,000 and $44,000 on a joint return, up to 50% of your benefits can be taxed. read more

If you have some additional retirement income, besides Social Security, coming from a salary, pension, IRA or 401(k), you will likely be over the income limits and can expect that up to 85% of your Social Security benefits will be taxable. read more