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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.
When you are age 70 and work, how much can you earn before you have to pay taxes on social security in 2010? Angelamaria answered... how much money can my wife and I can make on interest and annuity, I'm on social security and I don't want to be paying lots of money for penalty on my social security.