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Taxation for Social Security

Hear from the professionals in Advice and Planning to better understand how Social Security benefits may be subject to federal income tax depending on your income. The percentage of benefits subject to taxation varies based on your filing status, benefit amount, and Modified Adjusted Gross Income (MAGI).

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Wells Fargo & Company and its affiliates do not provide tax or legal advice. This communication cannot be relied upon to avoid tax penalties. Please consult your tax and legal advisors to determine how this information may apply to your own situation. Whether any planned tax result is realized by you depends on the specific facts of your own situation at the time your tax return is filed.