Re: TurboTax Update - Taxable Social Security Calc...
syoung123
Level 4

Get your taxes done using TurboTax

I see the description in the "Line 7" section now.  Thank you.

 

"Caution. When figuring any of the following deductions or exclusions, include the full amount of your unemployment benefits reported on Schedule 1, line 7 (unreduced by any exclusion amount): taxable social security benefits....."

 

The amount on line 3 of the TT social security benefits worksheet is correct and the taxable social security benefits on line 20 is correctly calculated.  As you said, the description of line 3 should be sch 1, line 7 (not line 9).

 

I think I'll wait another week to file as well to see if there are anymore changes or interpretations.  Thank you.

 

 

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