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Author: Wradical Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121585  
Subject: Re: Taxes on SS Benefits Date: 4/11/2013 11:10 AM
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"It's also worth pointing out that while it may be taxed from 0% to 85%, it isn't on a sliding scale. It's either 0%, 50% or 85%"

Where did you get that? It is very much a sliding scale. 28.3% of mine was taxed for 2012. In 2011 it was close to 60%. 85% is the max that can be taxed. 0% is the least. But it could be anything in between depending on your income.

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You're both right - sort of. SS Benefits can be taxed partly at 0 and partly at 50%, OR partly at 50% and partly at 85%, which can end up with the percentage subject to tax being almost anything.

Bill
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