The Social Security taxed amount changes with your income but will not exceed 85%. So the unemployment gave you more income and made more of your Social Security taxable. You can see the taxable Social Security of $25,570 which is more than it was before you added the unemployment.
The annualized method. Let me help with the quarterly AGI. The Social Security was received monthly, let's say $2,690 per month.
- This means for the first quarter (Jan -Mar) of the year, your income was Social Security of $8070 + 3 months of pension. 1st quarter AGI - $8070 + 3 months of pension income.
- The second quarter income would be 3 months Social Security $8070 + 3 months of pension + unemployment lump sum amount. The 2nd quarter AGI would be Jan- June total income so 1st quarter AGI + second quarter income
- Third quarter income (July- Sep) - 3 months Social Security and 3 months pension income. This quarter AGI (Jan-Sep) is 2nd quarter AGI plus 3rd quarter income.
- The fourth quarter, is the easy one, the totals for the year!
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