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On my summary sheet it is not showing my total income. It is showing a small portion of it. How do I correct it?

I have SS income and Pension income. The summary sheet only shows the pension income. Therefore there is no refurnish or taxes owed. Hoe do I correct this?
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1 Best answer

Accepted Solutions
MarilynG
Expert Alumni

On my summary sheet it is not showing my total income. It is showing a small portion of it. How do I correct it?

It could be that your Social Security income is not taxable in your situation with the other income that you have.

In the left-side black menu, click TAX TOOLS, then TOOLS.

Just above Upgrade, click PREVIEW MY 1040.

Scroll down to Line 14(a) to see if the amount of your Social Security benefits is showing.  Line 14(b) shows the Taxable Amount (if any).  See screenshot below.

If the correct amount of your benefits is not showing, then go back to the WAGES & INCOME section and enter your 1099-SSA info.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MarilynG
Expert Alumni

On my summary sheet it is not showing my total income. It is showing a small portion of it. How do I correct it?

It could be that your Social Security income is not taxable in your situation with the other income that you have.

In the left-side black menu, click TAX TOOLS, then TOOLS.

Just above Upgrade, click PREVIEW MY 1040.

Scroll down to Line 14(a) to see if the amount of your Social Security benefits is showing.  Line 14(b) shows the Taxable Amount (if any).  See screenshot below.

If the correct amount of your benefits is not showing, then go back to the WAGES & INCOME section and enter your 1099-SSA info.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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