Social Security

ARE YOU LOOKING TO ADJUST THE AMOUNT OF FEDERAL TAX WITHHELD FROM YOUR SOCIAL SECURITY PAYMENTS? 

Follow these two simple steps:

Here are the contact details for selected counties:


ARE YOU Receiving Social Security and I also have a job?  

The impact on your Social Security payment depends on your Full Retirement Age (FRA), which varies based on your birth year:

For Individuals below their FRA:

In the year you reach FRA and the months leading up to it:

Once you reach your FRA:


ARE YOU CONSIDERED "HIGH INCOME"?  (MAGI: Single over $103,000.  Married over $206,000)

The law requires that some people pay higher premiums for the Medicare Part B and Part D because of their higher income.  These increases in the premiums are called the Income-Related Monthly Adjustment Amounts (IRMAA).

IRMAA is determined by income from you taxes two years prior (2024 Medicare increased costs  are due to income from Tax Year 2022).  Specifically, the income is Modified Gross Adjusted Income (MAGI) which is the Adjusted Gross Income (AGI), plus tax-exempt interest income.  The MAGI calculation for IRMAA does not include untaxed Social Security benefits.

For example: some who filed Single in 2022 with an AGI of $90,000 plus tax-exempt interest of $20,000 would have a MAGI of $110,000.  Their medicare deduction from their Social Security check for each month would be the standard of $174.70 plus an additional $69.90 or a total of $244.60 per month for thier Part B Medicare.