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In addition, a portion of your Social Security benefits are included in gross income, regardless of your filing status, in any year the sum of half your Social Security plus all other income, including tax-exempt interest, exceeds $25,000 or $32,000 if you are married.
A. It's true. About a third of people who collect Social Security have to pay federal income taxes on their benefits. You'll be liable for those taxes if you file as an individual and your adjusted gross income, untaxed interest and half your Social Security benefit add up to more than $25,000.. It's true. About a third of people who collect Social Security have to pay federal income taxes on their benefits. You'll be liable for those taxes if you file as an individual and your adjusted gross income, untaxed interest and half your Social Security benefit add up to more than $25,000.