As an example, let’s say Bob has a total income of $50,000. From this, he has $4,000 in student loan interest and $1,000 in healthcare expenses that are deductible. After these deductions, Bob ...

Individual tax filers with a combined income between $25,000 and $34,000 may have to pay income tax up to 50% of Social Security benefits. And those with more than $34,000 could get taxed up to 85 ...