If you earn over a certain level of income, a portion of your Social Security OASDI benefits becomes taxable. As of publication, part of your Social Security benefits become taxable if you are married and your joint taxable income for the year exceeds $35,000, or $25,000 for singles and heads of households.f you collect little in the way of a salary from your S corporation and do not take a dividend from the company, the fact that you own a corporation will not affect your Social Security income.
A chain is a unit of length. It measures 66 feet, or 22 yards, or 100 links, or 4 rods (20.1168 m). There are 10 chains in a furlong, and 80 chains in one statute mile. An acre is the area of 10 square chains (that is, an area of one chain by one furlong).
There are 4 rods in one chain. The furlong (meaning furrow length) was the distance a team of oxen could plough without resting. This was standardised to be exactly 40 rods or 10 chains. An acre was the amount of land tillable by one man behind one ox in one day.