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Financial Planning / Tax Strategies


Subject:  Re: Taxes on SS Benefits Date:  4/10/2013  12:12 AM
Author:  billjam Number:  118350 of 128147

"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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