State Of California: Married currently filing jointly. I made $16,240 in Social Security Income last year, I made an additional $6,000 in Real Estate Commissions. So without calculating the figures yet, I believe my SS will not be taxed. However, my wife has various sources of income, totaling about $96,000 non of which is Social Security Benefits as she is not old enough yet. The question is: Will her income be added to my additional income to determine if I am taxed on my Social Security Benefit? If the answer is yes, In regards to this scenario only would it be better to file for Married Filing Separately so I don't get taxed on my SS benefits?
Thanks in advance, Al
Thanks in advance, Al