My SSA 1099 Form has $725.00 in Box 4. How do I enter that amount?

[IreneS · Accepted solution]

In TurboTax just enter the amount in Box 5 of Form SSA-1099 -- it is a net amount, taking into consideration the repayments made.

The SSA-1099 is broken down like this:

·         Box 3 - Your gross benefits 

·         Box 4 - Your repayments

·         Box 5 - Your net benefits for 2019 (box 3 minus box 4).

TurboTax only asks for box 5 - the net amount. 

[Edited | 4/14/2020 |  12:13pm PDT]