standard deduction is 25000, not 22000.
SSI I assume you mean Social security, not Supplemental Social Income (SSI). SSA says
- file a joint return, and you and your spouse have a combined income* that is
- between $32,000 and $44,000, you may have to pay income tax on up to 50 percent of your benefits.
- more than $44,000, up to 85 percent of your benefits may be taxable.
Your combined income = adjusted gross income + interest + SS x 1/2 would be more than likely more than $44,000. keep in mind adjust gross income includes capital gain from your after-tax stock portfolio.
I cannot imagine you live by only $44,000 income per year.
