Stay in Touch
Get sneak previews of special offers & upcoming events delivered to your inbox.
Sign in
12-30-2024 02:51 PM
My husband and I both have additional money taken out of our Social Security to help balance out our tax bill. What will happen if Social Security becomes untaxable. I'm not sure I am expressing myself correctly but I hope I have. I do not have an account but thank you all.
12-30-2024 04:00 PM - edited 12-30-2024 04:00 PM
We don't pay federal taxes on SS. We will still be paying State tax. Not all states have a state tax.
I think there are only 9 states that pay federal taxes on SS.
12-30-2024 04:06 PM - edited 12-30-2024 05:25 PM
NY State does not tax Social Security benefits. It sounds like you have additional federal tax withheld from your Social Security check. At this point, Social Security payments are subject to federal tax in accordance with a schedule, the amounts varying subject to a variety of factors that can be viewed online.
12-30-2024 04:06 PM
I guess like any other tax overpayment, you get back when your taxes or fill out a new form if you don't want the IRS to have your money for the year.
12-30-2024 04:11 PM
@Q-Checker wrote:NY State does not tax Social Security benefits.
Social Security doesn't withhold voluntary state tax, only federal.
12-30-2024 04:33 PM
Thank you all for your answers
12-30-2024 04:36 PM
If it ever comes to pass that there will be no taxes on it then I assume they would stop deducting it when that happens.
12-30-2024 04:47 PM
I know you can change the amount taken out by filling out a form and you can stop it from being taken altogether.
I don't know if the form will need to be filled out and a request made, or it it will automatically be stopped if no longertaxed.
I guess we'll cross that bridge when we come to it.
12-30-2024 05:55 PM
Don't hold your breath, would be my advice.
12-30-2024 06:18 PM
I think if your income is higher people take out from their social security as well to cover tax bills. If you collected pensions, dividends , etc it helps. If you live on only social security it should be no problem. I would think in your case if SS becomes untaxable they would fail to take those taxes out. We have several hundred taken out of SS for Medicare, and then we have money taken out husbands SS as well. The IRS seems to never get their belly full, lol
Get sneak previews of special offers & upcoming events delivered to your inbox.
*You're signing up to receive QVC promotional email.
Find recent orders, do a return or exchange, create a Wish List & more.
Privacy StatementGeneral Terms of Use
QVC is not responsible for the availability, content, security, policies, or practices of the above referenced third-party linked sites nor liable for statements, claims, opinions, or representations contained therein. QVC's Privacy Statement does not apply to these third-party web sites.
© 1995-2025 QVC, Inc. All rights reserved. | QVC, Q and the Q logo are registered service marks of ER Marks, Inc. 888-345-5788