When you apply for Social Security benefits, you can request to have federal income taxes withheld from your payments. However, if you’re already receiving benefits or want to make changes, the Social ...

There are some scenarios in which Social Security benefits are taxed. If Social Security payments were your only income for the year, then you will not be taxed by the IRS. However, if you have ...

Question: A man from Rock Island writes: ``My wife and I have income from a variety of sources and a significant tax liability each year. I understand that we can have federal income tax withheld from ...

Starting in 2026, the Social Security Administration will implement significant tax rule adjustments affecting benefit taxation and payroll contributions for workers and retirees across the U.S. These ...

I understand that a portion of my Social Security benefits may be taxable when I retire. Can you tell me how to calculate this? — Ready to Retire Dear Ready: Whether you’ll be required to pay federal ...