Liz Weston: We received a huge lump sum Social Security check. How much tax will we pay?

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Liz Weston: We Received A Huge Lump Sum Social Security Check. How Much Tax Will We Pay?

By OregonLive.com

Dear Liz: Because of the Social Security Fairness Act, my wife got a huge lump sum check (catchup, I suppose) and will now get monthly Social Security benefits. This is good news and bad news, especially if we get kicked into a higher tax bracket and ...Read more

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