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When you file you will calculate the correct amount of taxes that you actually owe.

If not enough was taken out, you will have to pay more.

If too much was taken out, you will get a refund. Yes the tax you had withheld is taxable...the entire amount you receive, whether you put it in a savings account at the bank, or one with the IRS is taxable. Tax due isn't deductible from taxable income...that would be circular.

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Q: Your husband and you draw Social Security and have tax taken out before you receive your check When you file your taxes do you have to again pay taxes on that money?
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Related questions

Can a widow receive her own social security benefits and her deceased husband's?

Yes, but the marriage had to be 10+ years before the divorce.


If husband expires before spouse can she receive his higher social security payments?

Yes if he has worked and paid into social security. Do not wait. Call the social security office in your state and find out. Understand, that you cannot collect your social security and your husbands at the same time. They will explain it to you when you call.


Are taxes taken out of social security before you receive it?

are taxes taken out of socisl security checksbefore recievingthem


Can you draw deceased husbands benefit if remarried?

In general, if you remarry before the age of 60, you cannot receive your deceased husband's Social Security benefits. However, if you remarry after the age of 60 (or after 50 if disabled), you may be eligible to receive benefits based on your deceased husband's work record.


What if you receive social security and also earn cash?

You have more money each month. If you receive social security disability (SSDI) you are allowed to earn up to a certain amount before it affects your benefits. If you receive Social Security after reaching the required age, you can make as much money as you want. You may have to pay taxes on some of that depending on the amount earned.


If social security statement says you receive 1300.00 is this before or after medicare payment?

That's probably the gross amount.


My daughter's mother draws social security through here father she was disabled before 18 does she have to pay child support?

I know if you receive SSI or SSDI you have not paid enough into the Social Security fund to receive legitimate Social Security so therefore it cannot be garnished for child support. So if they were not gainfully employed long enough to accrue some social security they do not have to pay you support.


Does your ex husband need to be collecting social security before you can collect?

No. Once you're divorced the SS treats you as two separate people.


My husband and I are the same age but I want to draw on husband's social security when I am 62 and he will wait until he is 66 can we do it that way?

Nope, you have to wait until he collects before you can collect on his. However, you can collect on your own.


Divorced after a marriage of 32 yrs your husband has remarried need to know how can you get survivor benefits from your husband's pension since yours was a Lifetime marriage?

This should have been in your divorce decree, if it was a pension from the company he works for. However, the pension rules may not allow it to continue to a divorced spouse, even if he is willing. For Social Security pensions, you can receive benefits if you were married over ten years, based on his income. However, if you remarry before you are 63, you are not entitled to a portion of your ex-husband's social security benefit, but rather the best of your own or the new husband's. This matters if you were at home all those years and the next guy has not earned as much; mine differs by about $500 a month. You will need to know the husband's social security number to get benefits when you retire.


Are Social Security taxes taken out before or after taxes?

Social Security (FICA) taxes are withheld from your gross (before tax) salary.


If you receive social security can you file for your 2009 income tax?

2009 cn't be filed until the year is over, and before April 15 2010