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I have Social Security Income of $33,469 (line 5a)yet my taxable income is $28,449 (line 5b), why the difference?

 
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I have Social Security Income of $33,469 (line 5a)yet my taxable income is $28,449 (line 5b), why the difference?

Only up to 85% of social security is included in taxable income. Line 5A is the full amount of your SS, line 5b is the taxable amount. 

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I have Social Security Income of $33,469 (line 5a)yet my taxable income is $28,449 (line 5b), why the difference?

Only up to 85% of social security is included in taxable income. Line 5A is the full amount of your SS, line 5b is the taxable amount. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

I have Social Security Income of $33,469 (line 5a)yet my taxable income is $28,449 (line 5b), why the difference?

Up to 85% of Social Security Retirement/Disability/Survivors benefits 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
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