Taxable Social Security Calculator Help

Issues

• See the description for the Adjustments field below. There are several adjustments that may not be handled correctly by this tool.
• If you are a non-resident alien, do not use this tool; the taxable percentage of your Social Security is 85%.

Description of Input Fields

How Is the Taxable Amount Calculated

The basic computation for determining the amount of taxable Social Security is shown here.

        Combined Income          = Half of Social Security + AGI + Tax Exempt Interest 
        Social Security Income   = Combined Income - Adjustments
        Social Security Range    = MFJ    $32,000 - $44,000
                                   Other  $25,000 - $34,000

        If Social Security Income < Social Security Range
             Taxable Amount = 0
             
        If Social Security Income within Social Security Range
             Taxable Amount = 0 - 50%

        If Social Security Income above Social Security Range
             Taxable Amount = 0 - 85%