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Financial Planning / Tax Strategies


Subject:  Re: Social Security Income/Benefit Date:  10/16/2013  3:48 PM
Author:  TMFPMarti Number:  119333 of 127613

Also...if spouse has $140k in investment income, I'm wondering if that negates any of the SS benefits to spouse and kids.

It doesn't affect the amount of benefits. It likely will mean that 85% of the spouse's benefit is taxable. (Worksheet for line 20 of the 1040)

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