Are Your Social Secuirty Disability Benefits Taxable?
April 15 is coming!
At The Law Offices of Nancy L. Cavey a Tampa Bay social security disability law firm, we are often asked during tax season if Social Security Disability benefits are taxable.
Well, it depends! It depends on your total income and your martial status. If your only income in 2008 was social security benefits your benefits are not taxable. You probably don’t need to file a federal income tax return.
If you have income from other sources, your benefits will not be taxed unless your modified adjusted gross income is more than the base amount for your filing status.
In any situation, you used get tax advise from a qualified tax professional.
Answering these broad-based questions isn’t easy. Help is a phone call away. You can contact Nancy Cavey, an experienced long-term disability attorney at 727-894-3188.