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.
13 states that tax your Social Security income. The vast majority of U.S. states do not tax Social Security income, which is good news for retirees, especially since we're living longer as a nation and may need our nest eggs to last longer than originally anticipated.3 states that tax your Social Security income. The vast majority of U.S. states do not tax Social Security income, which is good news for retirees, especially since we're living longer as a nation and may need our nest eggs to last longer than originally anticipated.