Tax season is just around the corner; it is important to remember that Social Security benefits can be taxed as income. This often depends on an individual’s annual earnings and whether they surpass the income threshold. However, there are other taxes to look out for as well.
Additionally, there are a few tax credits that individuals could be eligible for like the Earned Income Tax Credit. To learn more about this credit and others to be on the lookout for, check out the Social Security Administration’s latest post here.