I just received my 2016 SS benefit statement. I am confused why I am taxed at the gross amount instead of the net?
This is after part B deductions.
Asked by Kathryn LeRoy
Answered by Helen Barbre Stephens
Financial Adviser in Fort Worth, TX
The EITC requires earned income, which includes any self-employment income. You m...
Asked by margo
Answered by Sheena Hogue
Insurance Agent in Chicago, IL
Hi, Whenever you withdraw funds from pre taxed accounts ie. Traditional IRA, 40...
Asked by Yvette
Answered by Stacy Marcus
CDFA™ CFEI™ in New York, NY
Hello, the rules governing social security are complex and it is best to consult w...