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sms1433
New Member

My 2019 Social Security taxable amount was twice that of 2020 & now my wife is getting SSA benefits 1st time yet our taxable rate is 6 times less than 2019 is this right?

Should my taxable Social Security Benefits be considerably lower in 2020 than 2019?
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2 Replies
MaryK4
Expert Alumni

My 2019 Social Security taxable amount was twice that of 2020 & now my wife is getting SSA benefits 1st time yet our taxable rate is 6 times less than 2019 is this right?

Your taxable social security is based on your other income. 

  • If you’re married filing jointly and your total combined income for the year is between $32,000 and $44,000, then up to 50% of your benefits can be taxed.
  • If you’re married filing jointly and your total combined income for the year is greater than $44,000, then up to 85% of your benefits can be taxed.

See Are Social Security Benefits Taxable? | The TurboTax Blog.

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My 2019 Social Security taxable amount was twice that of 2020 & now my wife is getting SSA benefits 1st time yet our taxable rate is 6 times less than 2019 is this right?

Did your other income like W2 and 1099 go down?

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 right side.

 

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