Does gross income for seniors calculated using SS benefits?

[KatrinaB · Accepted solution]

It depends on your other income. 

Your Modified Adjusted Gross Income includes half of your Social Security, plus other sources of income. Then, if this amount exceeds the base amount for your filing status ($32,000 for Married Filing Jointly, otherwise $25,000), at least part of your Social Security income becomes taxable.IRS worksheet 1.

Please view page 7 in the IRS link below to see how your taxable social security benefits are calculated and added to your Gross Income.

https://www.irs.gov/pub/irs-pdf/p915.pdf

Please view the TurboTax FAQ below for more information.

https://ttlc.intuit.com/replies/3299920