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Unless you are asking about Social Security benefits you are receiving now (taxable amount will be on 1040 6b) the 1040 doesn't show it. Social Security wages are on your W2 box 3.
@bolinda -we may still not be asnwering your question.
when you state "before I apply" ... apply for what?
I should have said that I get 1099s only.
thanks
Sorry. Apply for Social Security.
@bolinda - olay, so I think you are asking...."based on my current income, how much of my social securty will be taxed?"
it depends on your 1099 income as the answer is a sliding scale from nothing will be taxed up to 85% of social security will be taxed
how much is your 1099 income in 2021? if you provide that I can estimate what percent of your social security will be taxed.
also, do you file Single or Joint?
What kind of 1099s? Do you file Schedule C for self employment? The Net Profit is the earnings reported for Social Security credit. You are paying SE tax on a Net Profit over $400.
the irs did not send me a SSA1099 and I dont remember turbo tax asking me to include a total benefit amount for 2021 on line6A or the return. Did I make a mistake by not reporting it even in light of my determined taxable income?
@bowerspaulr The Social Security Administration--not the IRS---sends you a SSA1099 in late January every year when you receive Social Security benefits. If you did not receive yours then you could go on the Social Security website to get a copy. You are required to enter the SSA1099 when you prepare your tax return, so if you did not enter it, you are going to need to amend the return after it has been fully processed.
Go to www.ssa.gov You have to create an account with a user name and password.
https://www.ssa.gov/myaccount/replacement-SSA-1099.html
https://www.ssa.gov/onlineservices/
https://www.ssa.gov/myaccount/
DO I NEED TO AMEND/
https://ttlc.intuit.com/questions/1908543-do-i-need-to-amend
https://ttlc.intuit.com/community/tax-return/help/how-do-i-amend-my-2021-return/00/2544441
Go to Federal> Wages & Income>>Retirement Plans and Social Security (SSA1099 and 1099RRB) to enter your SSA1099.
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