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Get your taxes done using TurboTax
It looks like the rules might have changed for 2020. I have always prepared returns for my husband and myself first as individuals filing single, then preparing a return with combined incomes and filing as married joint. In the past the taxable social security remained the same after I combined our incomes, but for 2020 our combined taxable social security was pushed up to the max rate although neither of us past the $128K income limit. For us it increased taxable social security by $8k and our tax liability to almost $2K more.
I would appreciate any input from someone who is knowledgeable about a change in taxable social security for 2020. Or is there an error on TurboTax?
March 21, 2021
12:08 PM