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nannacas
New Member

I had to pay back social security 2376.00 would this count as federal payments

 
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rjs
Level 15
Level 15

I had to pay back social security 2376.00 would this count as federal payments

Did you pay back the benefits in 2016? If you had to repay Social Security Benefits, the amount you repaid should be in box 4 on your Form SSA-1099. You don't enter that amount anywhere in TurboTax. It has already been subtracted from the net benefits in box 5. Just enter the box 5 amount in TurboTax as it appears on the SSA-1099. That takes care of the repayment.

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rjs
Level 15
Level 15

I had to pay back social security 2376.00 would this count as federal payments

Did you pay back the benefits in 2016? If you had to repay Social Security Benefits, the amount you repaid should be in box 4 on your Form SSA-1099. You don't enter that amount anywhere in TurboTax. It has already been subtracted from the net benefits in box 5. Just enter the box 5 amount in TurboTax as it appears on the SSA-1099. That takes care of the repayment.

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