Are Social Security Disability Payments Taxable?
Your Social Security Disability / Insurance (SSD / SSI) benefits may be subjected to being taxed. This would depend upon how you file, and if you have other sources of income. If your Social Security benefits are your only source of income which you have received in the past year, then more than likely these benefits are not subject to income tax. If you have earned other money, then you will need to calculate whether your adjusted gross income is grater than the limits currently set by the Internal Revenue Service. Social Security Disability Sole Source Income If your sole source of income during the taxable year was your SSD / SSI benefits then it is not necessary to file tax return with the IRS. The income from your benefits will generally fall below the limits set by the government and none of this income will be subject to federal taxes. This rule also applies to all married couples filing jointly, where neither spouse has any income other than their SSD / SSI benefits. Other Sour
