Is there a major problem with 2021 Turbo Tax desktop? It negates both my pension and claims $33,000 SS is non-taxable, showing all taxes paid as a refund.

[osborne2k]

I entered the 1099-R correctly and my SS. It shows an income of $108,000, but then the final result shows my income as negligible and refunds all taxes paid in.  What is the problem?

[BillM223]

Is your pension reported on a 1099-R or another form like a CSA-1099-R?

What is the "taxable amount" in box 2a in the form above?

What are the amounts in boxes 5a, 5b, 6a, and 6b on the 1040?

What is your Adjusted Gross Income (line 11 on your 1040)?

What is your taxable income (line 15 on your 1040)?

Are any of the boxes on line 16 checked?

I just did a quick check, and in my test, if I had a CSA-1099-R (from the Office of Personnel Management), and I left box 2a blank, then it looked like it set the taxable income to 0. That's doesn't explain the SS payments, however.

[macuser_22]

The taxable part of your pension will be on the 1040 line 5b and that comes form how you answered the question in the 1099-R interview.

The taxable SS is on the 1040 line 6b.   Depending the amount of other income 0-85% of SS might be taxable.  the calculation is on the "Social Security Worksheet".   You can view the forms in the forms mode.

[VolvoGirl]

If your pension didn't show up as taxable on line 5a so your total income was low then none of the Social Security would be taxable.  So don't worry about the SS.  It will go up when you fix the first problem.

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

What does line 4 show?  Does it say ROLLOVER on it and 0 taxable?