Or at least stop taxing SS benefits.
Or at least stop taxing SS benefits.
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I’ll be 77 this month, and single since 1995. In the early 2000’s I began doubling my mortgage payments (paid off mortgage 10 yrs. early). By 2004, my interest deductions were so low that even with property taxes I could no longer use Skd. A, so used the higher standard deduction.
Since age 65, I have used the worksheet for figuring the tax on SS benefits. Every year I have to pay several thousand with my paper return. Since about 2010, I’ve gotten a letter from the IRS in June explaining that I owe more $$ because I didn’t pay more SS tax plus fines for late payment. ....This June that was $896.