I am in the middle of a disability appeal and a new disability appeal and applying for early retirement at 62. How will this affect my taxes going forward? I am supposed to apply for SSI in July (I turned 62 in June) but I still have two cases pending. How will these three things play out for tax purposes and benefits?
You'll need to sign in or create an account to connect with an expert.
First----let's clear up that there is a big difference between receiving Social Security benefits and "SSI"----we see people refer to "SSI" a lot when they really mean Social Security or Social Security Disability.
SSI is not reported on any sort of tax document at tax time and does not get entered on a tax return. SSI is not taxable.
Social Security benefits or Social Security Disability is reported on a 1099SSA at tax time and may get entered on a tax return.
WHAT IS THE DIFFERENCE BETWEEN SOCIAL SECURITY BENEFITS AND SSI?
https://www.ssa.gov/ssi/text-over-ussi.htm
All of that being said, if you start receiving Social Security benefits of any kind, at tax time you will get a SSA1099. If you are also receiving some other sort of disability benefits, those might be on a W-2 or on a 1099.
Disability Income
https://ttlc.intuit.com/questions/1901145-is-disability-income-taxable
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
leadmagnet50cal
New Member
Sedutra
Level 2
A Thompson
New Member
rj_nc
Level 1
SeanK1956
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.