You can also request that the IRS withhold money for taxes from your Social Security checks up front. This would save you the trouble of having to do the math to figure out how much you might owe. If it withholds too much from your checks, you'd get the extra back as a refund when you file your tax return.

President Donald Trump plans to fulfill his campaign promise to end taxes on Social Security benefit income. A new report finds that will benefit high earners.

A lot of people end up relying heavily on Social Security for income in retirement. And unfortunately, folks in that boat often get an unpleasant surprise when they learn that Social Security benefits can be subject to taxes.