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Adjusted Gross Income includes your taxable wages, pensions, interest, dividends, other taxable income and tax-exempt income. If you have provisional income of less than $25,000 ($32,000 if you are married and filing a joint return, none of your Social Security benefits will be taxable. If your provisional income is between $25,000 and $34,000 ($32,000 and $44,000 if married and filing a joint return) up to 50% of your benefits may be taxable. If your provisional income is more than $34,000 ($44,000 if married and filing jointly) up t 85% of your Social Security benefits may be taxable.
How much of your Social Security benefits will be taxed depends on just how high your combined income is. Individual filers. If you file a federal tax return as an individual and your combined income is between $25,000 and $34,000, you have to pay income tax on up to 50% of your Social Security benefits.If your income is above $34,000, up to 85% of your Social Security benefits is subject to income tax.Joint filers. If you file a joint return, you have to pay taxes on up to 50% of your benefits if you and your spouse have a combined income between $34,000 and $44,000.If your income is more than $44,000, up to 85% of your Social Security benefits is subject to income tax.f you file a joint return, you have to pay taxes on up to 50% of your benefits if you and your spouse have a combined income between $34,000 and $44,000. If your income is more than $44,000, up to 85% of your Social Security benefits is subject to income tax.