You will have to pay Federal taxes on your Social Security benefits if you file a Federal tax return as an individual and your total income is more than $25,000. If you file a joint return, you will have to pay taxes if you and your spouse have a total income of more than $32,000.
Use the Internal Revenue Service (IRS) Notice 703 shown on the back of the Social Security Benefit Statement, SSA Form 1099, to determine if any of your benefits may be taxable.
When you have wages or self-employment income covered by Social Security, you pay Social Security taxes each year up to a maximum amount set by law. For 2014, you will pay Social Security taxes on income below $117,000.
For all of the 2014 changes, go to www.socialsecurity.gov/pressoffice/factsheets/colafacts2014.html
You can apply for Social Security disability and retirement at the same time. When you apply for benefits online, the application establishes a claim for retirement, spouses and disability benefits. It becomes a valid application for all benefit types for which you are eligible.
So, if you’re no longer working due to a disability and you’re not full retirement age, you may be able to file for both at the same time.
Go to www.socialsecurity.gov/applyonline/ to find all of the online applications including the Adult Disability Report that needs to accompany the disability application.