Q: My wife and I are in our 30s. We’re partners in a business that nets us about $80,000 per year. What’s the best way to report our income on our tax returns to maximize our Social Security benefits?
A: Even though you’re asking about your future Social Security benefits, I don’t like giving tax advice because I’m definitely not a tax expert. So your question really should be directed to a tax advisor or to someone at the Internal Revenue Service. But before you do that, I can give you some food for thought that comes from a potential Social-Security-benefit perspective.