---
title: "The Street: When Do Social Security Benefits Become Taxable?"
description: How to calculate Social Security taxable income
image: https://www.covisum.com/hubfs/Side%20view%20portrait%20of%20businesswoman%20using%20computer%20at%20office%20desk.jpeg
---

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# The Street: When Do Social Security Benefits Become Taxable?

[SOCIAL SECURITY  |  ](https://www.covisum.com/press/tag/social-security)Apr 29, 2022 8:47:00 AM  |  by [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager)

If you combine Social Security benefits with other retirement income, your total income can push you over the pre-determined threshold, and your benefits can be subject to federal income tax. In fact about [56% of beneficiaries](https://www.ssa.gov/policy/docs/research-summaries/income-taxes-on-benefits.html) will owe federal income taxes on their benefits according to the Social Security Administration. In [this article for The Street](https://www.thestreet.com/retirement-daily/social-security-medicare/when-do-social-security-benefits-become-taxable), Covisum® Founder and President, Joe Elsasser, CFP® outlines how Social Security benefits can become taxable and how you can determine how much you'll owe.

> "It’s important to note that compared to other income, Social Security has a significant tax-advantage. At worst, 85% of benefits are taxable and 15% are tax-free."

Read [the article](https://www.thestreet.com/retirement-daily/social-security-medicare/when-do-social-security-benefits-become-taxable) in its entirety here.

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