Are my Social Security Checks Taxable

Not many hard and fast rules for Social Security income.  If you only have social security income then it is not taxable.  The more income you have the more of your social security is included in your taxable income.  Gaming income is one of the items that forces more of your social security to be included in taxable income.  Even though you can write off the losses against the win the taxable income portion of the social security stays as taxable income.  The best approach if you have questions is give us a call at 796-1040 and we can help your figure out if any tax is due.