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In addition, a portion of your Social Security benefits are included in gross income, regardless of your filing status, in any year the sum of half your Social Security plus all other income, including tax-exempt interest, exceeds $25,000 or $32,000 if you are married.
That depends on your income. In principle, the answer is yes, Social Security income is taxable. In practice, itâs not quite that simple. If you have other income in retirement, income from a 401(k), for example, then you should expect to pay taxes on our Social Security benefits.