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.
So, for a married couple with an income (adjusted as described above) less than $32,000, none of their Social Security benefits are taxable at the federal level. In the income range $32,000 to $44,000, between 50 to 85 percent of Social Security benefits may be taxable at the appropriate marginal tax rate. Above $44,000 in adjusted income, 85 percent of benefits may be taxable.