I am still working and applied to take my social security benefit in April 1917. I turned 66 in March 2017.
I earn $100k in my job. thought that I would avoid a penalty when I read this statement:

"In the year you reach full retirement age, we deduct $1 in benefits for every $3 you earn above a different limit, but we only count earnings before the month you reach your full retirement age. If you will reach full retirement age in 2018, the limit on your earnings for the months before full retirement age is $45,360.

Starting with the month you reach full retirement age, you can get your benefits with no limit on your earnings."

Now... based on what a friend told me, I will owe money back to SS based on my earnings for 2017. WHAT is the real story?

Hi,

Friends are usually wrong about Social Security, as is your friend in this case. Since you started drawing your benefits at full retirement age or later, you are entitled to receive your full benefits regardless of how much you earn this year.

Best, Jerry