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About Mike Wellman
Expertise
I was a former Manager with Price Waterhouse, now PricewaterhouseCoopers, the largest accounting firm in the world. I have had clients in almost every industry and of every size. I will only answer questions dealing with IRS problems such as delinquent tax returns, Offers in Compromise (Tax Settlement), IRS collection matters including installment agreements, liens, levies, seizures, audits, appeals, innocent spouse claims and injured spouse claims. All others will be referred to the question pool.

Experience
Over 25 years experience in taxation specializing in IRS collections, examinations and appeals.

Publications
New York Times, Wall Street Journal, You Money Magazine

Education/Credentials
BBA, Baylor University.

Awards and Honors
My website http://www.IRSOS.com won the Knowledgeweb award for educational excellence for content.

 
   

You are here:  Experts > Real Estate > Tax Planning: U.S. > Tax Planning > Social Security Income

Topic: Tax Planning



Expert: Mike Wellman
Date: 1/8/2008
Subject: Social Security Income

Question
I am still employed and my spouse is not. She is eligable to take her social security benefit. My question is if she takes it does my income count towards earning that would cause her benefit to be reduced. The second part of the question does her social security earning need to be reported when I file a joint return even though she has no other earnings.

Answer
Your earnings will not affect her social security benefits. Her SS should be reported and portion of her earnings could be taxable. Without knowing what your earnings are, I can't be specific. If she files separately, all her SS earnings will be subject to tax.

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