*The taxable portion of Social Security benefits is calculated as follows: 50% of combined income between $32,000 and $44,000 = $6,000. 85% of combined income over $44,000 = 85% x ($106,000 - $44,000) = $52,700. $6,000 + $52,700 = $58,700 of Social Security benefits included in taxable income. That is less than 85% of $72,000 ($61,200), so additional income would increase the taxable portion (until the point where $61,200 is taxed).
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