Generally the SAP threshold means $150,000, however refer to FAR 13.5, Test Program for Certain Commercial Items, which permits the acquisition of commercial supplies and services up to $6,500,000 using SAP.
A: The Democratic Party. Prior to 1984, income derived from Social Security benefits was exempt from taxation. Amendments to the Social Security Act passed by Congress in 1983 allowed for 50% of Social Security benefits to be considered taxable income for taxpayers whose total income exceeded specified thresholds.
Social Security income Social Security income may be taxed on your federal return. Minnesota taxes the same amount that is taxed federally. If your only income is Social Security, you are not required to file an income tax return. If you have questions on whether or not your Social Security is taxable, go to the Internal Revenue Service