On SSA-1099 I have entry 'Subtract Non-taxable payments - $629.40?

[trevose19047]

There was no option for this entry?

[DianeW]

Is this information in box 3?

[DianeW · Accepted solution]

On your SSA-1099 form any adjustments are already reflected in box 5 as the net amount of your taxable social security benefits. 

On your tax return you only enter the net income shown in box 5 of the Form SSA-1099.

To enter your Social Security benefits reported on form SSA-1099

• Click on Federal Taxes (Personal using Home and Business)
• Click on Wages and Income (Personal Income using Home and Business)
• Click on I'll choose what I work on (if shown)
• Scroll down to Retirement Plans and Social Security
• On Social Security (SSA-1099, RRB-1099), click the start or update button

[Lisa3588]

So, if I ignore the amount labeled:

SUBTRACT:
Non-Taxable payments $260.40, 

 isn't my Part B Medicare Premium Paid overstated?