Retirement tax questions

Where did you get 50%?   You do add 50% of SS  to your other income just to calculate how much it taxable.  The taxable amount can be between 0-85%.  

The taxable amount of Social Security is a range.

For Single between $25,000 and $34,000, you may have to pay income tax on up to 50 percent of your benefits.  For more than $34,000, up to 85 percent of your benefits may be taxable.

 

For Joint between $32,000 and $44,000, you may have to pay income tax on up to 50 percent of your benefits.  For more than $44,000, up to 85 percent of your benefits may be taxable.

 

See,

Benefits Planner | Income Taxes And Your Social Security Benefit | SSA

 

Were you trying to use the worksheet on the back of your SSA-1099 or Notice 703?  You should not use the worksheet on the back of the SSA-1099.  It can be complicated to figure out even though it looks simple.  Turbo Tax figures it all out for you.

 

When you enter 1/2 of your ss on line B it is not being subtracted from anything.  It is being ADDED to ALL your other income to see if any of the ss will be taxable to you.