Hi berkleys, thank you for joining the TurboTax Special Forum today.
Please refer to Social Security Benefits Worksheet:
Page 16 of IRS Pub 925 - Worksheet 1
https://www.irs.gov/pub/irs-pdf/p915.pdf
Based on the information provided, great job in following the worksheet up to line 12.
Line 13 is half (50%) of line 12 = $2,430 taxable social security.
Assume both of you are 65 and over, the Married Filing Jointly standard deduction is $26,100, which is larger than the total income (pension, IRA withdrawal, taxable social security).
The above is based on 2020 tax rule for estimate only. Hope this helps.
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