Retirement tax questions


@ldruth61 wrote:

BigPopaE

 

Has the glitch been fixed? I when in to try and do an amendment and it did not change anything. How to I get this corrected?

Thanks

Dean


There is no glitch.

 

Your tax return does not reduce your benefit.  Only the social security administration does that.  If you have earned income, the social security administration may reduce your next year's benefit, according to their rules.  This is not computed on your tax return, and neither the IRS nor Turbotax has anything to do with the amount of your benefit.

 

Your tax return taxes the benefit you already got, and that is based on total income, not earned income.