An Easy Way to Avoid a Tax Day Bill on Your Social Security Income

The same method you use to avoid owing taxes on employment income come Tax Day can be used to avoid owing taxes on Social Security income. That’s right — you just have them take money out of your check. It might seem weird to tell one arm of the federal government to withhold money from your benefits so that another arm doesn’t try to grab it from you. But there’s an IRS form for this purpose.

Original Article Posted at : https://www.moneytalksnews.com/an-easy-way-to-avoid-a-tax-day-bill-on-your-social-security-income/