2816657
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

stac7037
New Member

Can I put on my taxes the deduction for work that SSA is showing that they took out of my check every month

On my SSA-1099 Social Security show a deduction for me working and there's no box for that on my taxes
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
dmertz
Level 15

Can I put on my taxes the deduction for work that SSA is showing that they took out of my check every month

The reduction in benefits that you receive as a result of having income higher than the limit for someone under full retirement age is not deductible.  It's, not a loss, it's an amount not included in your reportable income in the first place.  This reduction in benefits will be made up later when your benefit is re-determined at full retirement age.

Can I put on my taxes the deduction for work that SSA is showing that they took out of my check every month

Note on the 1099-SSA that the amount was already handled ... in the TT program you ONLY enter the box 5 net amount paid.  

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question