I know there was a tax on investment real estate capital gains that was made part of Obamacare law, and used to claim that tax was going to help pay for Obamacare, but I do not understand, legally, how or why it would impact your social security payment - unless something was worked out to pay the excess income tax due to the capiatl gains over a two year period via you raising the income tax deducted from your social security benefit. I don’t see how that was done “behind your back”.
I’m thinking this happens when one has withholdings deducted from ones SS benefits. I have witholdings deducted from my pension check, not SS benefits. But since my pension is more than the govt deems me worthy of, I claim 0 dependents so as to cover the taxes owed on my “excess” SS benefits.
....and some people think there is no “means testing”...lol