Deke_C
New Member

Social Security Taxible Income TY2024

Hello, I am inputting data for TY2024 on Turbo Deluxe.   Everything went as expected except Social Security Income.   The amount of my wife's and my Benefits rolled up and were in 1040 Box 6A   and the taxible amount in 6B is zero '0'.   We did not work in 2024 but withdrew from Penson and 401K    That is all there

 

I just cannot find an article that explains how it is calculated for 2024 and what if any thresholds are   

 

The other thing I wish is that the numbers for MAGI/IRMAA would be provided in a worksheet to be kept for records based on the current tax year

 

Thanks for your help