Disability Benefits Taxation

Determining if, when and how to pay taxes on your Social Security benefits, can be a perplexing process. Speak with an Ocala Social Security disability lawyer about your benefits and to see if these general guidelines may apply to you. Do I pay? To decide if you must pay taxes on your Social Security Disability benefits, you will need to examine your marital status, income, and a special IRS formula for designating taxable portions of your benefits. Your Ocala Social Security disability lawyer can help you determine your own eligibility for taxes. Most claimants will not pay taxes, but it's important to be absolutely sure you are free of responsibility. If you are part of a couple whose combined income…Read More