Will Your Stimulus Check Increase the Tax on Your Social Security Benefits?
Jun 18, 2020
2 minutes
It sure was nice getting that stimulus check in the mail (or deposited directly into your bank account)! Hopefully, you put the money to good use. But after getting that much money unexpectedly, retirees might be wondering how it could impact their taxes for the year â especially the tax on Social Security benefits.
How Social Security Benefits Are Taxed
The federal government can tax up to
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