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I thought ss benefits is taxed on 85%. THE SYSTEM showed 100%?

 
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I thought ss benefits is taxed on 85%. THE SYSTEM showed 100%?

If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check the actual 1040 form and make sure it's right.   Check 1040 line 6a and 6b.

 

Up to 85% of Social Security 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

 

To see the Social Security Benefits Calculation Worksheet  in Turbo Tax Online version you would have to save your return with all the worksheets to your computer.   Or if you are using the Desktop CD/Download Software you can switch to Forms Mode (click Forms in the upper right) and click on SS in the list on the left side.

I thought ss benefits is taxed on 85%. THE SYSTEM showed 100%?

Look at your tax return Form 1040 Line 6b for the taxable amount of the SS benefits.  Line 6a has your total benefits.

 

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

 

 

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