Ask Rusty – About Payroll Tax and Income Tax on Social Security

Dear Rusty: Is it possible for you to go over how the Federal withholding tax is computed on Social Security benefits? Signed: Curious Taxpayer. Dear Curious: I’m not sure if you’re asking about how FICA (or self-employment) tax on your earnings from work is determined, or if you’re asking about how much income tax to have withheld from your Social Security benefit, so I’ll ad...

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