I will be receiving social security as a surviving spouse. How is this income classified? Is it earned or deferred income?
Answers | 1
What You Need To Know When You Get Retirement Or Survivors Benefits - can be found at http://www.ssa.gov/pubs/EN-05-10077.pdf or visit the SSA website section for Survivors at http://www.ssa.gov/planners/survivors/survivorchartred.html#&sb=-1
Please consult an accountant or other tax professional for more information. You can contact the Internal Revenue Service at (800) 829-1040 or www.irs.gov. Publication 554, Tax Guide for Seniors, and Publication 915, Social Security and Equivalent Railroad Retirement Benefits may be useful.