The Sneaky Reason You Might Lose a Chunk of Your Social Security Income

The Sneaky Reason You Might Lose a Chunk of Your Social Security Income

If you're used to living on a lot more, Social Security can help pick up the slack. Whether your Social Security income will be taxed will hinge on your provisional income. If your provisional income is $25,000 or more and you're single, you'll face taxes on your Social Security benefits.