Latest news from Suamico, WI collected exclusively by city-data.com from local newspapers, TV, and radio stations. Ancestries: German (33.3%), Polish (13.5%), Irish (8.0%), Dutch (4.4%), French (3.8%), Norwegian (3.4%).
Income Thresholds. The Internal Revenue Service sets minimum income levels each year for taxpayers, and you must file a return if your gross income exceeds the threshold that applies to you. As of 2012 the threshold for taxpayers under 65 filing as single was $9,750.
IRS Income Limits. People filing as individuals with a combined income of $25,000-$34,000 must pay income taxes on up to 50% of their Social Security benefits. For individuals with a combined income of more than $34,000, up to 85% of Social Security benefits will be subject to income taxes. For married couples filing jointly, those with a combined income of $32,000-44,000 will pay income taxes on up to 50% of their Social Security benefits.