Question: example of how social security benefits are taxed?
Answer: For single filers, the first $25,000 isn't taxed. For combined income between $25,000 and $34,000, up to 50 percent of Social Security benefits may be subject to ordinary income taxes. For income above $34,000, up to 85 percent of benefits may be taxed. For married filing jointly, the first $32,000 isn't taxed.