How Much Other Income You Have Can Affect What you Owe Normally, Social Security benefits that you receive are not taxable. However, that will depend on your total income – the higher the income, the more taxes you’ll have to pay on your benefits.
When The Defense of Marriage Act of 1996 (DOMA) was overturned this past June, legally married same-sex couples are now required to file their federal returns and state results as “married” since all states are now required to recognize and allow same-sex marriage. Keep in mind, however, that being married for tax purposes is not […]