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yorkmurph
New Member

My 1099-r does not have a place for ss deductions does this mean that it is ssa exempt

 
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1 Reply
IreneS
Expert Alumni

My 1099-r does not have a place for ss deductions does this mean that it is ssa exempt

Only earned income--your wages, or net income from self-employment--is covered by Social Security.

You may have to pay income tax on pensions, annuities, interest, or dividends, but you do not pay Social Security taxes. Those types of income are not on your Social Security record.


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