The period following our precursors is know as that of âPre-. Socraticâ philosophical thought. This period witnesses the rise of philosophical thought per se, culminating in the thought of Socrates, Plato, and Aristotle.
How much of my social security benefit may be taxed? Did you know that up to 85% of your Social Security Benefits may be subject to income tax? If this is the case you may want to consider repositioning some of your other income to minimize how much of your Social Security Benefit may be taxed and thereby, maximize your retirement income sources.
The Internal Revenue Service says you can figure out whether you have to pay taxes on Social Security by adding half of your annual benefit to your other income. If the total is more than $32,000 and you file a joint return, some of your benefits must be reported as taxable income on your tax return. For single filers the threshold is $25,000. For example, if you file as single and your annual benefit is $15,000, half of your benefit amount is $7,500. You you can earn up to $17,500 in additional income before you hit the $25,000 mark and have to pay taxes on Social Security benefits. Taxable Percentage When Social Security is taxable at all, you have to pay taxes on at least 50 percent of your benefits. As your income increases the percentage can reach a maximum of 85 percent of your annual benefit amount.