If my husband goes into a nursing home and enrolls in Medicaid, will I lose all of his Social Security check?Read more
Do I Need to Pay Income Taxes on My Social Security Benefits?
- April 1st, 2014
Many people do not realize that they may need to pay income taxes on their Social Security benefits. (This includes monthly retirement benefits, Social Security Disability Insurance benefits and survivor benefits.) Supplemental Security Income benefits are never taxed.
The good news is that if Social Security benefits are your only income, you will likely be below the taxable level. However, if you have other income, you may have to pay taxes.
Local Elder Law Attorneys in Ashburn, VA
Hammond and Associates, LLC, Elder Law, Estate Planning, Wills, Trusts, Probate
For Jeffrey Hammond, the practice of Elder Law is personal. Jeff’s many years of experience in law and in business did not prepare him for the crisis he faced in 2005 and 2006 when his father suffered a stroke and both of his parents suffered from dementia and other medical problems. At that time, Jeff began an i...
Needham Mitnick & Pollack, PLC
Judith Mtinick is well known for acting as a guardian, conservator, trustee or agent on behalf of clients or by court appointment. This experience gives her a wide perspective and extensive practical knowledge that she uses when advising clients in drafting their planning documents. Her experience, as a court appointed...
The Estate Planning & Elder Law Firm PC
Bill founded The Estate Planning & Elder Law Firm, P.C. in 1994. Bill limits his practice to the areas of estate planning and administration, incapacity planning, Medicaid, asset protection planning, and elder law. He is one of (15) fifteen attorneys practicing in Virginia, Maryland and the District of Columbia, ce...