I have been on SS disability due to socaila anxiety disorder since 2008. Before and since my disability I have traded/invested in the stock market mostly losing money. But lately I have been making money on one particualr investment. I bought 2 million shares of a sub-penny stock and it’s doing very well. Some think it could go to 25 cents to a dollar a share over the next few years. It’s about a penny and a half now. If it does hit$0.25 per share or higher I will make a substantial amount of money for which I will have to pay hefy Federal and state taxes on, I’m fine with that.
But am concerned if I make several hundred thousand dollars or more after taxes my SS disability will be cut off. Will it be cut off?
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