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Reply to "Social Security as a Propaganda tool"
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[quote=Anonymous][quote=Anonymous]Let me ask a stupid question (am not yet a Social Security recipient.) If you get, say, $2,500 a month from S.S., is it taxed? For example, if your paycheck at a job were $2,500, you'd expect to "net" about $1,850-ish, i.e., $2,500 in pay with about a quarter ($650-ish) lost in taxes. So you only end up with $1,850. Is that how Social Security works, or do you get the whole $2,500? Thanks for any info.[/quote] By default, the SSA does NOT withhold taxes on benefits. In order to have the SSA withhold money for taxes, you need to file a form requesting them to do so. Otherwise, you get the full check. That does NOT mean that you won't owe taxes on that money. The amount of tax you owe naturally depends on the amount of income you receive - including your SS benefits. [/quote]
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