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Level 1
January 26, 2022
Question

Taxable Social Security worksheet

  • January 26, 2022
  • 1 reply
  • 13 views

Is there an IRS work sheet that I can use to estimate the effect additional income would have on taxable Social Security in the future?

    1 reply

    Level 10
    January 26, 2022

    Yes, the IRS has provided several worksheets for calculating the taxable amount of Social Security. This one will work for most people, but certain situations like receiving a lump sum benefit will require that you use the worksheet below that one.