My social security payments under income changed. I rec’d 26376 and it shows 932. Why was it reduced?

[VolvoGirl]

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

You enter the full amount from SSA-1099 box 5. Check your actual 1040 return line 6a/6b not the Review or Summary screens. Those show the full amount.

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.

[ThomasM125]

The $932 may be the taxable portion of your social security income. You can look on your Form 1040 to see what your gross social security benefits are on line 6a and look on line 6b to see how much of that income is taxable.

 To view your form 1040 and schedule 1 to 3:

1. Choose Tax Tools from your left menu bar in TurboTax Online
2. Choose Tools
3. Choose View Tax Summary
4. See the Preview my 1040 option in the left menu bar and click on it
5. Choose the Back option in the left menu bar when you are done