ANSWERS: 2
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http://ssa-custhelp.ssa.gov/cgi-bin/ssa.cfg/php/enduser/std_adp.php?p_faqid=493
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If your pension is taxable income, and I've never seen one that is not, then it would be included in your taxable income. Then if your taxable income (pension) was high enough, you would also have some of your SS, up to 85% of it included in your taxable income. So, yes, since both are considered taxable income and if they are high enough......you would pay federal income tax. And if your Left wing Socialist president has his way, you will be paying even more.....and your pension and SS will be buying less because of the inflationary cycle that is going to follow all the money that is being printed to "stimulate" the economy.
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