TRX heading for dbl bottom and possible wave 2 down? Looks like a bear flag is forming after having made a double top at the 1.34 Could with the bear flag target be making a possible double bottom around 1.00 Spekulative: I see as a possible wave 1 up with a very short and truncated 5th wave ending at 1.34.
Some people who get Social Security must pay federal income taxes on their benefits. But, no one pays taxes on more than 85 percent of their Social Security benefits. You must pay taxes on your benefits if you file a federal tax return as an âindividualâ and your âcombined incomeâ exceeds $25,000.
You may have to pay taxes on some of your Social Security benefits, but this generally only happens if you have significant taxable income in addition to Social Security. Depending on your income, you could have to pay your federal income tax rate on up to 85% of your Social Security benefits. Here's a rundown of the Social Security tax rules, applicable income limits, and a calculator that can help you determine how much of your Social Security benefits may be taxable.