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How Can I Minimize The Amount Of Taxes I Have To Pay Back?
I am 66 years of age ( I am still working), my Husband died in 12/2016 I receive his benefits. I plan to retire in 6/2018 my son is doing my taxes and said I will have to pay taxes. Is it because I worked and received his benefits? How can I minimize the amount of taxes I have to pay back.
Thank You
Hi,
I'm sorry for your loss.
I wish I could help you, but I'm not a tax expert. I can only tell you that depending on your total income, you may be required to pay taxes on at least some of your Social Security benefits (https://www.ssa.gov/planners/taxes.html).
Best, Jerry
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Posted:
March 6, 2018