"Understanding Social Security Taxes: Filing Requirements and State Impacts in 2024"

Social Security recipients may need to file a tax return in 2024 depending on their income levels and filing status. Single filers with a gross income over $25,000, or married couples filing jointly with a gross income over $32,000, may have to pay taxes on up to 50% to 85% of their benefits. Filing a tax return can also be beneficial for those who want to claim refundable tax credits or have had federal income tax withheld, as they might be eligible for a refund. The Social Security Administration provides a Benefit Statement to help recipients determine their taxable benefit amount.