Pay Taxes?

[teejay53]

hi all;

hope everyone had a nice holiday.

well, i have any other question that i have look all over the internet and found no answer to.

i found the following on the social security web site:

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Your benefits may be taxable

Some people who get Social Security will have to pay taxes on their benefits. Less than one-third of our current beneficiaries pay taxes on their benefits.

You will have to pay taxes on your benefits if you file a federal tax return as an “individual” and your total income is more than $25,000.

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my ss survivor benefit check and dic check added together is a hair over $25,000 each year. in your opinion, do i have to pay taxes on it?

i thought both were tax exempt ... i am confused, so what is new.

i thank all for your help with this.

teejay

[Pete53]

No the VA DIC is not countable if your income is over 25,000 and than social security is taxable over that amount but on a special rate that is lower than the regular.

From your statement you would not have to pay taxes.

[teejay53]

thank you for your help.

have a great day.

teejay