Social Security Benefits and How They Are Taxed
At the St. Louis law firm of Crowe & Shanahan, we provide our clients with the facts about their Social Security benefits, including Social Security Disability Insurance (SSDI) and Supplemental Security Income benefits. That includes the potential impact on their income taxes. Many of our potential clients do not realize that SSDI benefits are subject to federal income tax for most people but not all people, but SSI benefits are not.
We do not provide tax advice, but instead encourage our clients to seek guidance from competent tax professionals. For more information, please contact us online, or by calling 314-735-0891 or toll free at 877-213-7793.
Taxation of Your Social Security Benefits
Being approved for SSDI benefits is a relief for all of our clients. A lengthy and complicated process is now over. They are ready to move on with a life that has a little more financial security. However, as they collect those Social Security benefits throughout the year, they must report that income when tax time comes.
For more information about the taxation of SSDI and SSI benefits, please click here.
Contact Us
For more information about the possible tax consequences of SSDI or SSI payments, or to schedule an appointment with an experienced lawyer regarding taxation of your Social Security benefits, please contact Crowe & Shanahan today.
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