We're not discussing just any 1099 (there are several different kinds, with entirely different box numbering)...this is for a 1099-DIV !!
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IF you are receiving Social Security, and have a Social Security SA-1099 already entered, putting $$ into box 12 of a 1099-DIV? .....That WILL make more of your Social Security subject to taxation....up until 85% of the SS is being taxed.
Tax-exempt income is included in income for the purposes of determining how much SS is going to get taxed.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
