Turbo tax says owe zero on 40,000 social security. how is that possible?

rstalcup · ‎June 6, 2019

DoninGA · ‎June 6, 2019

Any other income besides SS?

SweetieJean · ‎June 6, 2019

Is Soc Security your only Joint income?

rstalcup · ‎June 6, 2019

no other income, just ss

ghost · ‎June 6, 2019

Some SS income should be part of your AGI but your taxable income will be zero when you subtract the standard deduction and exemption(s).

BobinCT · ‎June 6, 2019

As long as you're not Married Filing Separate.

DoninGA · ‎June 6, 2019

If the only income being reported on your tax return is Social Security benefits then there is no reason or need to file a tax return.

BobinCT · ‎June 6, 2019

As long as you are not Married Filing Separate.

Retirement tax questions