United States citizens in receipt of Social Security, like all other Americans, have certain tax-related obligations. Thus, the payment of taxes is part of our economy and those who do not pay regularly can run into all kinds of problems.
We are not only talking about fines and penalties for not sending the Tax Return to the IRS on time, but also other types of penalties such as losing the Social Security check. This is important because many Americans have no other source of income apart from their retirement payment.
Therefore, it is vitally important to know all the details surrounding the possible loss of Social Security benefits. Payments could be withheld or even canceled, depending on the situation. This is undoubtedly a tragedy in many American households.
How can I lose my Social Security payment in 2025?
The truth is that the main reason why we could lose our Social Security payments in February 2025 is if we owe taxes to the United States Government. The Internal Revenue Service (IRS) can withhold retirement benefit payments if you have federal tax debts.
If this is your case, it is advisable to eliminate all these debts as soon as possible, since you could face not only a penalty, but also the withholding or absolute cancellation of your monthly Social Security check. After all, this type of tax payment is an obligation for all Americans.
The objective behind all this is none other than to recover back taxes from Americans. Therefore, if you are in receipt of a Social Security benefit and you have a debt of this type, they could stop your check until the debt is settled.
Even so, there is the Federal Payment Diversion Program, which cannot withhold more than 15% of your monthly Social Security benefit. This would be repeated month after month until your debt is completely cleared.
