i receive ss due to my husbands passing in 2005. i am considering selling my house but i know i can make $12,900 per year. will the profit of my house count as income?
2007-04-24 08:32:16 · 2 answers · asked by tmariahh 1 in Business & Finance ➔ Personal Finance
No. One has nothing to do with the other. They are separate issues.
Your husband earned his ss entitlement and it is yours as his beneficiary.
The profit on your house will only be an issue when you file your income taxes the following year.
2007-04-24 08:40:39 · answer #1 · answered by Anonymous · 1⤊ 0⤋
No, that has no bearing on your SS income.
2007-04-24 08:36:15 · answer #2 · answered by MOM KNOWS EVERYTHING 7 · 0⤊ 0⤋
no, my mother sold her house and it didn't make any difference in her ss payments.
2007-04-24 08:35:57 · answer #3 · answered by wendy_da_goodlil_witch 7 · 0⤊ 0⤋