Reported 4 days ago
If you're receiving $2,100 a month from Social Security, you may not owe taxes unless you have significant additional income. Your combined income determines taxability, with none being taxable for individuals with a combined income below $25,000. If your total income exceeds this threshold, up to 85% of your benefits might be taxable. Strategies to reduce taxes include minimizing withdrawals from pre-tax accounts, using Roth account withdrawals, and qualified charitable distributions.
Source: YAHOO