sk47
Well-Known Member
- Joined
- Nov 12, 2020
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- Location
- North Eastern TN
- First Name
- Jeff
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- Chevy Silverado & Nissan Sentra SE
Hello; The SS benefits are taxed by the feds. I fill out a complicated form to see if my SS is taxable. In the end my state pension causes me to make too much so a portion of the SS benefit is taxed. Neither the state of KY nor TN ever taxed my SS benefits. KY because i moved out of state before I turned 65. TN does not have a state income tax.Not to side rail this thread even further but why is your SS check getting taxed because of your pension? Here in IL, teachers and others that have pensions still get the full amount of SS because pensions are not counted as "taxable" income that would lower your SS benefits. Is this not the same in TN? I personally know 2 teachers collecting their pensions and getting 2k a month for SS on top of their pensions.
In an ironic way the tax is not so much since they have reduced the SS payments to begin with. The excuse is because I taught in public schools in KY and they did not cut ant SS payments from my teachers pay. I lived in KY most of my life, only moving to TN 12 years ago. I found a place about five miles from my hometown in KY.
That might make sense except I had several other jobs over the decades from which I did pay into SS each pay period. Driving a school bus, working log woods, teaching in TN and NC after I retired in KY, installing carpet, managing a drive-in movie theater to name those I can recall. I did know exactly how much the SS payout is cut but will guess today it is close to 2/3rds of what I would draw just based on the quarters I earned. Had I never done any jobs outside of teaching in KY it would make sense.
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