Since SSDI benefits can be subject to tax, let’s look at some examples. Mary has her $10,000 SSDI benefit, but now she earns $30,000 from an annuity. One-half of her SSDI benefit plus the annuity income equals $35,000, so eighty-five percent (85%) of Mary’s SSDI benefit will be taxed because she exceeded the $34,000 limit. In the case of a married couple, Barbara earns $35,000 from her regular job and Joe receives a $10,000 SSDI benefit. Joe’s SSDI benefit is subject to some taxation. But because one-half of Joe’s benefit plus Barbara’s work income is less than $44,000, only fifty percent (50%) of Joe’s benefit will be taxed. IRS publication 915 is the handbook for calculating taxes on SSDI benefits.
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