I entered a total of Social Security benefits in the amount of $34,236 which appears in 20a yet, the taxable amount in 20b is only $2,733. It should be the $34,236?
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I entered a total of Social Security benefits in the amount of $34,236 which appears in 20a yet, the taxable amount in 20b is only $2,733. It should be the $34,236?

 
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I entered a total of Social Security benefits in the amount of $34,236 which appears in 20a yet, the taxable amount in 20b is only $2,733. It should be the $34,236?

The taxable amount of your Social Security benefits reported on Form 1040 Line 20b is based on the other income reported on your tax return.

Up to 85% of Social Security Retirement/Disability/Survivors benefits becomes taxable when all your other income plus 1/2 your social security reaches:

  • Married Filing Jointly - $32,000
  • Single or Head of Household - $25,000
  • Married Filing Separately - 0
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