I have a SSA-1099,Benefits paid in 2019= $31,744.80 (Box#5)
Box #4 Benefit Repaid =None, Part B Premiums Deducted = $5,200.80. Prescription Drug Part D Deducted = $850.80, Federal Tax withheld = $3,584.40.
??? On My 1040-SR Form,
Block#5a shows my SS Benefits ( $31,745 )
Block 5b shows a the taxable amount of $14,801.
How did turbo tax arrive at that taxable amount,when my total SS benefit was $31,745.00, and most importantly is the amount correct.
Thank You
Richard
