Do you pay taxes on disability income?

When you retire, you are living off of your social security benefits for the rest of your life. Depending on how you conducted your financials throughout your working life, your annual income from your social security may differ. Some people are still able to pull in a lot of money from their benefits while others don't make a whole lot. When it comes to your Social Security Disability benefits (SSDI), if you happen to be an individual who still earns an income of above $25,000 a year off of social security, then your disability benefits may be subject to be taxable by the IRS. If you file jointly with a spouse, you must earn over $32,000 jointly. If you make less than those amounts, then your SSDI is not subject to be taxed.

Find Accountants in Orange County

Castillo's Income Tax
2525 N. Grand Ave
SANTA ANA, CA 92705
Alain Dos Services
9603 Bolsa Avenue
Westminster, CA 92683
Family Tax Office
9922 Walker St Ste B
Cypress, CA 90630
Lisel Ann Sutter
25422 Trabuco Rd Ste 105-243
Lake Forest, CA 92630
Act Financial Services Inc
9049 Garfield Ave #150
Fountain Valley, CA 92708
Peter Kim & Co Accountancy Corporat
6281 Beach Blvd., Suite 305
BUENA PARK, CA 90621