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Hello. I am 65 in a few weeks, but still need "4" Points to qualify for Retirement Social Security & Medical benefits. This is a Reverse question: How much income do I need to earn/ claim, in order to get these 4 remaining points in tax year 2023?

Forum|Forum|2 years ago
August 30, 2023
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Ask the Experts - Self-Employed - Aug 2023

Best answer by Gabriella_EA

Thanks for the great question! According to SSA.gov, "In 2023, you earn 1 Social Security and Medicare credit for every $1,640 in covered earnings each year. You must earn $6,560 to get the maximum 4 credits for the year."

Source: https://www.ssa.gov/benefits/retirement/planner/credits.html

X

xmasbaby0

You are asking a question in the income tax forum that you should be asking Social Security.

https://www.ssa.gov/

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Gabriella_EAAnswer

Hello @ DBH!

Thanks for the great question! According to SSA.gov, "In 2023, you earn 1 Social Security and Medicare credit for every $1,640 in covered earnings each year. You must earn $6,560 to get the maximum 4 credits for the year."

Source: https://www.ssa.gov/benefits/retirement/planner/credits.html

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