Here's the bad news: The government may tax up to 85% of your Social Security benefit. The good news: It's possible to manage how much of your Social Security is taxed.
This calculator presents a hypothetical example that is used for illustrative purposes only. This calculator is designed to give a simplified answer regarding the taxes you may owe based on the inputs you provided regarding your income sources and Social Security benefits. Please consult a tax professional for specific information regarding your Social Security benefits. Social Security benefits are subject to Congressional action.