If you are using TurboTax to prepare your tax return you do not need to do any of that math yourself. Forget about using that worksheet on the Social Security statement. All you need to do is enter your SSA1099 into the software exactly as it appears and let the software do the calculations for you. If you have other income, enter that income as well, in the appropriate area--whether it is W-2 income, investment income, etc. etc.
You will receive your SSA1099 from Social Security sometime in January.
Go to Federal> Wages & Income>>Retirement Plans and Social Security (SSA1099 and 1099RRB) to enter your SSA1099.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
