What a rude awakening I had last year when I learned that there is a SPECIAL IRS FORM to calculate the amount of the Social Security Payments received to be taxed....UP TO 80%. This includes what is called Provisional Income,which includes even so called Tax Free [?] bonds, pension income etc.--CHECK IT OUT!!! Singles---$24,000 Couples $32,000 ?????? PIXY, This shoud be looked at when making the age 62 or later choices, I believe. I wonder what would happen if one sells a car or home...could that also be a part of PROVISIONAL INCOME? I called the IRS and , of course, received no intelligible answer. There was not even knowledge of the form!! Hooray for those of us that may want to earn wages over $17,000, that may be OK soon, but watch out if your PROVISIONAL income is EXCESSIVE!!!!!
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