Withholding Tax From Your Social Security Benefits

Having taxes withheld from Social Security benefits can help retirees avoid a surprise when tax season arrives.

picture of a social security card in between U.S. currency
(Image credit: Getty Images)

Managing your tax liability effectively during retirement is important, especially since up to 85% of Social Security benefits can be taxed depending on your income. So, how can you avoid the surprise of owing the IRS more than you expected when tax season arrives?  While not required, choosing to have taxes withheld from your Social Security checks is an option. 

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Kelley R. Taylor
Senior Tax Editor, Kiplinger.com

As the senior tax editor at Kiplinger.com, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.