I am so happy, just found out the retro was sent in for direct deposit on Friday but the bank has to hold it for a few days? But its a done deal!!!! Do you have to pay taxes on it? Its only 1k monthly, no husband or any other income for me. Its just disability income ssi. I guess I am lucky , time wise, it was approved in June and got the ck now. Oh what a relief, long time coming. Best wishes to all who truly deserve and need ssi!!! :wave:

It appears according to the IRS site that SSI is not taxable. However for those on SDD. At 1k a month it sounds more like SSD and not SSI or I could be wrong. One thing to keep in mind though if it is SSD they do consider the entire lump sum back payment as earnings and you do get taxed on it for the year you got the amount paid to you.

From the IRS:

If the only income you received during 2003 was your social security or equivalent railroad retirement benefits, your benefits are probably not taxable and you probably will not have to file a tax return.

If you also received other income, your benefits will not be taxed unless your modified adjusted gross income is more than the base amount for your filing status. Your taxable benefits and modified adjusted gross income are figured in a worksheet in the Instructions for Form 1040 (General Inst.) or Instructions for Form 1040A. But, before you go to the instruction book, do the following quick computation to determine whether some of your benefits may be taxable. First, add one–half of your social security or equivalent railroad retirement benefits to all your other income, including any tax exempt interest and exclusions from income. Then, compare the total to your base amount. Your base amount is one of the following:

$25,000 if you are single, head of household, or qualifying widow or widower with a dependent child;
$25,000 if you are married filing separately and did not live with your spouse at any time during the year;
$32,000 if you are married and file a joint return; or
Zero if you are married filing separately and lived with your spouse at any time during the year.

If your income is less than your base amount, none of your benefits are taxable.

To make a determination complete the social security benefits worksheet in the Form 1040 or 1040A instruction book.

The taxable benefits, if any, must be included in the gross income of the person who has the legal right to receive them. For example, if you and your child received benefits, but the check for your child was made out in your name, you must use only your own portion of the benefits in figuring if any part is taxable to you. Half of the portion that belongs to your child must be added to your child's other income to determine if any of those benefits are taxable to your child.

If you are married and file a joint return, you and your spouse must combine your incomes, social security benefits, and equivalent railroad retirement benefits when figuring the taxable portion of your benefits.

If part of your benefits is taxable, enter both the total amount and the taxable amount of the benefits received on Form 1040 (PDF) or Form 1040A (PDF). You cannot use Form 1040EZ (PDF).

You should receive your 2003 Form SSA–1099 or Form RRB–1099 by January 31, 2004. The form will show benefits paid to the person who has the legal right to receive them, and the amount of any benefits you repaid in 2003. It will also show amounts by which the benefits were reduced because you received workers compensation benefits.

For additional information, refer to Publication 915, Social Security and Equivalent Railroad Retirement Benefits.

If any part of your social security or equivalent railroad retirement benefits will be taxable in 2004, you may need to pay estimated tax. Refer to Topic 355 for additional information on estimated tax.

Oh I also forgot that SSD is taxable on the state and city level but it may vary according to state and you will need to check with your local tax offices if there is an upper limit before you are required to file.

I question this because my husband got his back pay last year on SSD and receives 1468.00 a month.

The way we were told about taxes when we had them done becasue I too wanted to make sure it was understood correctly is they take half the total of the SS and add it to any other household income and if it reaches a certain amount (I want to say it was like 30,000) then it's taxable otherwise it's not. In our case I didn't work enough to bring it up to that level so only my earned income was taxable.

Thanks to you all for the great advise!!!!!!! :wave:

I've paid always paid taxes on mine since our income was above 32k. What I quoted up top was in fact from the IRS web site.