The taxable portion of Social Security benefits is dependent upon:
A)How much the taxpayer has contributed to the Social Security program.
B)The individual's age.
C)The number of quarters the individual worked.
D)The individual's adjusted gross income from other sources.
E)None of the above.

Question

Quizplus · Accepted Answer

The taxable portion of Social Security benefits is dependent upon the individual's adjusted gross income from other sources. If the taxpayer's income exceeds a certain threshold, up to 85% of their Social Security benefits may be subject to income tax. Factors such as how much the taxpayer has contributed to the program, their age, and the number of quarters they worked do not affect the taxable portion.

The Taxable Portion of Social Security Benefits Is Dependent Upon