How Much of My Social Security Benefit May Be Taxed?

Did you know that up to 85% of your Social Security Benefits may be subject to income tax? If this is the case, you may want to consider repositioning some of your other income to minimize how much of your Social Security benefit may be taxed and then, maximize your retirement income sources.
Income and Tax Information
Tax filing status 
Marginal tax bracket (%)help
Calculating 'Modified' Adjusted Gross Income
Long-term capital gains/losses (-) ($) 
Short-term capital gains/losses (-) ($) 
Dividends ($) 
Taxable interest ($) 
Tax-free interest ($) 
Pension benefits ($) 
Taxable IRA distributions ($) 
Other taxable income ($) 
Wages ($) 
Self-employed income/loss (-) ($) 
Deductible IRA contributions ($) 
Social Security Benefits
Social Security received ($) 
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This material is not intended to be used, nor can it be used by any taxpayer, for the purpose of avoiding U.S. federal, state, or local tax penalties. This material is written to support the promotion or marketing of the transaction(s) or matter(s) addressed by this material. Pacific Life, its affiliates, their distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.

The results and explanations generated by this calculator may vary due to user input and assumptions. Pacific Funds does not guarantee the accuracy of the calculations, results, explanations, nor applicability to your specific situation. We recommend that you use this calculator as a guideline only and ultimately seek the guidance of an experienced professional. CalcXML, the provider of this information and interactive calculator, is an independent third-party and is not affiliated with Pacific Funds.


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