Solved
How can my 2016 form be properly redone?
I supplied 2016 income and items deducted from SSA-1099 but final tax from printed with 0s everywhere and I paid 50+ dollars for this huge error how can it be redone?
Answer
June 5, 2019
Social Security Benefits are usually not Taxable. If Social Security Benefits are your only source of Income you have zero -0- Income therefore your Tax Return will reflect as such, Zero Income and Zero Liability.
Your Social Security Benefits do not become Taxable until your Provisional Income (all non-Social Security Income plus 50% of your Social Security Benefits) exceeds $25,000.00, if you are single, and $32,000.00 if you are filing joint. At this amount up to 50% of your Benefits can be taxed.
If your Provisional Income exceeds $34,000 for single, and $44,000 for joint, up to 85% of your Benefits can be taxed.
Please review your return and confirm that you have entered all sources of Income. As I mentioned before, if Social Security Benefits are your only source of Income you will not be taxed so your return will show zeros.
