What are the tax implications of survivor benefits?

What are the tax implications of survivor benefits?

Survivor benefits can be subject to federal income tax, depending on the type of benefits received. Do you want details on specific types?

Yes, what about Social Security survivor benefits?

Social Security survivor benefits are generally not taxable unless the recipient's total income exceeds certain thresholds. Would you like to know those thresholds?

Yes, please provide the income thresholds.

For 2023, if your combined income is between $25,000 and $34,000, up to 50% of your benefits may be taxable. Above $34,000, up to 85% may be taxable.

Are there any other survivor benefits that might be taxable?

Yes, pension benefits and certain life insurance payouts can also be taxable. Would you like more information on those?