Archive for the ‘United States’ Category

PostHeaderIcon If yoy only receive social security benefits do still have to file a tax return or should you wait?

James M asked:


I filed for a return for 2006 because I worked part of the year. Can I still get a refund if only on social security in 2007?

Social Security Benefits

PostHeaderIcon What do social security benefits include when filing Form 1040A ? they mean Bot SSA and SSI ?

peiamc asked:


What do social security benefis include when filing Form 1040 A ? Do they mean both SSA and SSI, or SSA only ?

Social Security Benefits

PostHeaderIcon Who receives the Social Security Benefits when the husband dies?

adam W asked:


My dad was married to a woman for 20 years before marrying my mother and had 4 kids with the ex, which he raised. My parents have been married for 29 years and had 4 more kids. Recently my father passed away and my mother being over 65 years old still does not see a social security check yet the ex wife does. What is to be done?

Social Security Benefits

PostHeaderIcon Does buying another car affect my social security benefits?

bryan asked:


I was awarded my husbands social security benefits after he passed away. I was told that I cannot exceed a certain amount of annual income. I am considering buying a new car (I already completely own one) but Im scared that this will affect my social security. I anticipate paying about 4K per year for the car. This is in California

Social Security Benefits

PostHeaderIcon Should I include Social Security Benefits When filing Taxes?

C.H. asked:


I am so confused. Last year I received social security benefits. I understand that half the amount received from Social Security along with any other income is not taxable if the amount was less than $25,000.

I made less than $25,000. Does this mean that I do not need to include the benefits in my AGI?

I hope someone can clear this up for me! thanks.

Social Security Benefits

PostHeaderIcon Question about social security benefits in Manteca CA?

Tony asked:


I am a recipient of Social Security Benefits and I just recently moved to Manteca CA from Waterloo Iowa. I was informed that if I want to keep getting my benefits that I would need to set myself up with a payee. I was wondering if you know what the best agencies are in Manteca, Stockton or Modesto CA to use as a payee?

Social Security Benefits

PostHeaderIcon Will my small pension be cut in half when I collect social security benefits?

Terry asked:


I receive 300 dollars each month from a pension. Next year I will collect social security. My neighbor says my pension will be cut in half when I start collecting social security benefits. Is he correct or will I still get the three hundred dollars each month?

Marion

PostHeaderIcon How are social security benefits calculated?

glcm1961 asked:


On my annual social security report, my income for 6 of the past 19 years were incorrect, significantly lower than they should have been. Are benefits upon retiring based on your average income over your working life, or only based on the last year’s income that you worked? Is it worth the hassle to correct what was on the report? Will those errors impact the monthly benefit I receive upon retiring? I think my former employer cooked the books and didn’t pay SS taxes – is that why the statement is in error? Can I use my old tax returns to prove that I actually made more money than the statement shows? I have a lot of questions but any answers I receive will be greatly appreciated.

Mark

PostHeaderIcon Social Security Benefits Increase After You Start if You Pay More Soc Sec Tax?

stardust1949 asked:


Suppose you start taking your Social Security benefit at age 62, but you make $10,000 the next year, and the year after that, and you pay more self-employment tax and/or your employer pays more FICA on your wages…..do your benefits ever go up because of that additional pay-in?

Leslie

PostHeaderIcon If I choose to live in Canada, do I give up the Social Security benefits I’ve accrued here in the US?

Kevin G asked:


I have contributed to the Social Security system for over 20 years, and assuming there is still retirement benefits attached to Social Security by the time I come of age, will I be entitled to them if I have become a Canadian citizen?

Raymond