Social Security benefits may be not taxable if they are the only income being reported on the tax return. Or the other income being reported is not enough to make the benefits taxable.
Up to 85% of Social Security Retirement/Disability/Survivors benefits becomes taxable when all your other income plus 1/2 your social security reaches:
- Married Filing Jointly - $32,000
- Single or Head of Household - $25,000
- Married Filing Separately - 0
Look at your Form 1040 Line 20a for total SS benefits received, Line 20b for the taxable benefits. Form 1040A Line 14a for the total SS benefits received, Line 14b for the taxable benefits.
You can preview the Form 1040 by clicking on My Account at the top of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040.
Note - It the Social Security benefits are the only income being reported on the tax return then there is no benefit or reason to file the tax return.
