 you could pay income tax on up to 50% of your benefits. And more than $34,000, if you make income as an individual, 85% of your benefits may be taxable. Now, for a joint return, that would be between $32,000 and $44,000. You would have to pay 50% on your benefits and more than $44,000, up to 85% on your benefits. So some retirees out there, again, about 40%.