National Disability Benefits houses the most successful yet affordable Oklahoma disability lawyers with a proven track record. We reduce the physical and emotional agony that you and your family go through by taking complete care of disability case. We make sure you get the maximum possible benefits under this scheme within the shortest time.
How much does Social Security disability pay a month?
If you qualify for benefits under the Social Security Disability Insurance, you may receive a fixed amount monthly by calculating the average of your lifetime earnings until your disability. SSDI recipients typically receive anywhere between $700 and $1,800 per month. This amount may be slightly less if you are already receiving disability benefits or income from other sources.
Complete the free 1-minute evaluation on our website to get a rough idea on the benefits amounts that you are entitled to receive. Give us a call for personal advice on your disability case and we'll take it from there!
How much can I earn while receiving benefits under SSDI?
You are not allowed to earn more than $1,220 per month to continue receiving payments from the SSA under the SSDI scheme. However, it will enable you to earn within a certain amount. For the year 2019, you may obtain a monthly income of up to $880 to continue receiving benefits. If the SSA finds that you are making more than $880 per month for more than nine months in a total of 60 months period, the SSA may stop your disability payments.
If you're seeking to earn extra income while still receiving SSD benefits, call our Oklahoma disability lawyers today. We teach our clients how they can smartly receive both incomes.
Filing taxes when receiving disability benefits
If you are receiving benefits from the SSA, the most important thing to remember is that not all Social Security Disability payments are taxable. If your total earnings do not exceed $25,000 per year or if your household income is less than $32,000 in a year, your benefits are tax-free. However, if your earnings are higher than that, a certain part of your disability payments are taxable. Here are the taxation norms for those who receive disability benefits:
- If your earnings are higher than $25,000 but lower than $34,000; 50% of your disability benefits become taxable.
- If your earnings are higher than $34,000; 85% of your disability benefits become taxable.
However, the amount that you pay as tax can vary based on factors such as total income, tax deductions, etc. The cap mentioned above fits only in case of filing for taxes as an individual. If you register for taxes jointly with your spouse, the taxable amount for your benefits can differ. Call us today to get professional help for your disabilities case.
Are you curious to know if you qualify for Social Security Disability benefits? If eligible, you could get up to $2,788 a month and get the financial compensation you need.
Take this FREE one minute online survey to see how much you may qualify to receive.
To appeal a rejected claim, talk to one of our Oklahoma disability lawyers today.