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If you file a joint tax return and your combined income is $50,000, what percentage of your Social Security benefits may be taxable?
If you file a joint tax return and your combined income is $50,000, what percentage of your Social Security benefits may be taxable?
- Up to 85% (correct)
- None of your benefits are taxable
- Up to 50%
- Up to 75%
If you file a federal tax return as an individual and your combined income is $20,000, how much of your Social Security benefits may be taxable?
If you file a federal tax return as an individual and your combined income is $20,000, how much of your Social Security benefits may be taxable?
- Up to 50%
- Up to 85%
- Up to 25%
- None of your benefits are taxable (correct)
What form will you receive in January to determine if your Social Security benefits are subject to tax?
What form will you receive in January to determine if your Social Security benefits are subject to tax?
- Form 1040
- Form SSA-1099 (correct)
- Form 1099-MISC
- Form W-2
If you are married and file a separate tax return, will you have to pay taxes on your Social Security benefits?
If you are married and file a separate tax return, will you have to pay taxes on your Social Security benefits?
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