Fair Field County Business Daily

Is social security income subject to any government or other deductions?

Once you reach retirement age and receive social security, assuming you get the typical medicare packages, is the income subject to deductions?

Public Comments

1. Income tax is based on total income, not age. If you have a moderately high income, the social security benefits can be taxed at up to 85%. Eg, you get $12,000 in benefits, $10,200 is added to your other income for tax purposes.