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Video instructions and help with filling out and completing taxable social security worksheet 2021
Social Security taxes and how to avoid them taxes on Social Security and how to avoid them we're going to talk about chapter 3 of my book the tax bomb your retirement accounts where we show you how I array distributions not only affect your income tax but effects the taxes you pay on your Social Security benefits as well and that's this is bad this is bad this is where you get taxed twice on the same income it's it's absolutely horrific so welcome to heritage wealth planning my friends the place you come to learn how to avoid taxes on your Social Security benefits and you learn about the book the tax bomb and your retirement accounts on how the Roth IRA can help you avoid it it is free by the way on Kindle if unlimited and if you go to uh at my blog at heritage wealth planning com there's a pop-up yeah that's right so if you go to Heritage well playing calm there's a pop-up and you can just click in there and put your email in there so I asked for your email your first name in your state because I do specific stuff on States as well my email list so sometimes I'll do something specifically to row down I just did a video to Rhode Island people the other day and so you go and they put your first name your email and your state and then you can get the whole thing for free and it doesn't cost anything but you will be on my list so just be biased if you like what you see here don't forget to sign up down below and then hit subscribe down below I should say subscribe down below and they hit the bell to be notified for future content so let's dive right into this is probably one of my favorite chapters on again once I go to the PDF you won't be able to see my big mug so actually I think if I click on this up here I can just take yeah I think y'all oh yes so once you get the PDF book you'll be able to do that as well friends alright so do this and you won't pay tax on your Social Security benefits let me raise this up a little bit alright this is huge so I just want to go over when they started taxing Social Security benefits I've said it a million times on my other YouTube channels videos but I'm just gonna revisit this in 1983 Reagan signed the budget of the tax where they first started taxes Social Security benefits okay they have a provision in that law of how much Social Security benefits will be taxed so basically 50 if you made a certain amount of money fifty percent of your benefits would be subject to just be subject to income tax and Social Security all right so if.