🏛️ Is Social Security Taxable in 2026?
Yes — Social Security is taxable if combined income exceeds $25,000 (single) or $32,000 (married).
The $6,000 senior deduction (2026-2028) may significantly reduce or eliminate your tax liability.
📊 Key Numbers for 2026
Income Thresholds
- Single: $25,000 - $34,000 → up to 50% taxable
- Single: Above $34,000 → up to 85% taxable
- Married: $32,000 - $44,000 → up to 50% taxable
- Married: Above $44,000 → up to 85% taxable
Senior Deduction
- Amount: $6,000 per person (age 65+)
- Years: 2026-2028
- Phase-out: Starts at $75,000 (single) / $150,000 (married)
- Impact: Only ~12% of seniors will pay SS tax
⚙️ How It Works
Step 1: Calculate Your Combined Income
Combined Income = Adjusted Gross Income (AGI) + Nontaxable Interest + 50% of Social Security Benefits
Step 2: Compare to Thresholds
| Filing Status | Combined Income | Taxable Portion |
|---|---|---|
| Single | Below $25,000 | 0% |
| Single | $25,000 - $34,000 | Up to 50% |
| Single | Above $34,000 | Up to 85% |
| Married (Joint) | Below $32,000 | 0% |
| Married (Joint) | $32,000 - $44,000 | Up to 50% |
| Married (Joint) | Above $44,000 | Up to 85% |
Important: These thresholds have not changed since 1984 and are not adjusted for inflation.
💡 Example Calculation
Single Retiree, Age 67
- Social Security benefits: $24,000/year
- Pension income: $15,000
- Interest income: $2,000
Combined Income:
$15,000 (pension) + $2,000 (interest) + $12,000 (50% of SS) = $29,000
Result: Combined income is between $25,000-$34,000
→ Up to 50% of Social Security ($12,000) may be taxable
With Senior Deduction:
$6,000 deduction may reduce or eliminate the tax on SS benefits
🗺️ States That Tax Social Security (2026)
Most states do not tax Social Security. However, 9 states may tax a portion of your benefits:
Rules vary by state. Many offer exemptions for lower-income seniors.
⚠️ Common Mistakes to Avoid
Municipal bond interest counts toward combined income even though it's not taxed.
Only add half of your Social Security to calculate combined income.
The $6,000 deduction (2026-2028) could significantly reduce your tax.
If you live in one of the 9 states that tax SS, factor that into your planning.
❓ Frequently Asked Questions
Is Social Security taxable in 2026?
Yes, if your combined income exceeds $25,000 (single) or $32,000 (married filing jointly). Up to 85% of benefits may be taxable depending on your income level.
How much of my Social Security is taxable?
Between 0% and 85% depending on your combined income. Below the threshold: 0%. In the middle range: up to 50%. Above $34,000 (single) or $44,000 (married): up to 85%.
What is combined income for Social Security?
Combined income = AGI + nontaxable interest + 50% of your Social Security benefits. This is the formula the IRS uses to determine if your benefits are taxable.
What is the senior deduction for 2026?
Taxpayers age 65+ can claim a $6,000 deduction per person for tax years 2026-2028. It phases out starting at $75,000 AGI (single) or $150,000 (married). This may eliminate SS tax for many seniors.
Which states tax Social Security?
9 states: Colorado, Connecticut, Minnesota, Montana, New Mexico, Rhode Island, Utah, Vermont, and West Virginia. Each has different rules and exemptions.
✅ Conclusion
Social Security benefits are taxable in 2026 for retirees with combined income above $25,000 (single) or $32,000 (married). Up to 85% of your benefits could be subject to federal income tax. However, the $6,000 senior deduction (available 2026-2028) may significantly reduce or eliminate this tax burden for many seniors. Check your combined income against the thresholds and don't forget to claim the senior deduction if you're eligible.
Disclaimer
This information is for general educational purposes only and should not be considered tax advice. Tax laws change frequently. Consult a qualified tax professional for advice specific to your situation.