5 Ways to Avoid Taxes on Social Security Benefits
You may need to pay income taxes on a portion of your Social Security benefits, based on your income. But knowing the rules and a few key strategies can help you minimize the tax hit.
Whether or not your Social Security benefits are taxable depends on your "provisional income." This number is calculated by taking your adjusted gross income (AGI), not counting Social Security benefits, and adding in nontaxable interest and half of your Social Security benefits. If your provisional income is
