Do I have to pay taxes on my Social Security Disability Benefits?
Yes, some individuals will have to pay taxes on their disability benefits. Whether or not benefits are subject to federal taxes depends on the total income of the individual or the couple. An individual will be subject to pay taxes if his/her total income is more than $ 25, 000. A couple will be subject to pay taxes if their combined total income is more than $ 32,000.
For questions related to federal taxes, how to apply or any other issues related to your Social Security claim, please contact us at Hoglund, Chwialkowski, and Mrozik.
By Lyndsey Sharpe