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New Member
posted Apr 6, 2021 3:16:36 AM

How do I put my taxable income in for my ssa-1099

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1 Replies
Expert Alumni
Apr 6, 2021 5:02:49 AM

When you enter your 1099-SSA TurboTax will determine if any of it is taxable. You do not need to enter it as taxable or non-taxable.

 

Dependent upon your other income, up to 85% of your social security can become taxable. You will see below how to figure if you have taxable social security or you can visit IRS.gov and use the Interactive Tax Assistant tool. 

  

  • Tax Formula.  Here’s a quick way to find out if a taxpayer must pay taxes on their Social Security benefits: Add one-half of the Social Security income to all other income, including tax-exempt interest. Then compare that amount to the base amount for their filing status. If the total is more than the base amount, some of their benefits may be taxable. 
      

  • Base Amounts. The three base amounts are: 

    • $25,000 – if taxpayers  are single, head of household, qualifying widow or widower with a dependent child or married filing separately and lived apart from their spouse for all of the tax year 

    • $32,000 – if they are married filing jointly 

    • $0 – if they are married filing separately and lived with their spouse at any time during the year