1829206
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.

Is there a worksheet or instructions for Social Security Recipients Who Contribute to a Traditional IRA?

I don't see that TY 2020 has this worksheet, or performs this calculation, per IRS Pub 590-A.
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.

3 Replies
dmertz
Level 15

Is there a worksheet or instructions for Social Security Recipients Who Contribute to a Traditional IRA?

TurboTax does do the calculations from Appendix B of Pub 590-A when required.  This is implemented in Worksheets 1, 2 and 3 of TurboTax's Social Security Recipients Who Contribute to a Traditional IRA Worksheet ("IRA SS Wks" in the forms list).

Is there a worksheet or instructions for Social Security Recipients Who Contribute to a Traditional IRA?

Thank you! This led me to the right solution, but with this difference:

Searching forms for "IRA SS Wks" doesn't yield a result, and this form didn't appear independently anywhere (at least so far) in Turbotax Home & Business 2020.

The button on IRA Contribution worksheet, Line 13 "Worksheet for social security recipients" opens the calculation, and then shows the form at the very bottom of the  "Forms in My Return" list. Until I clicked that button, I couldn't find this worksheet and it's calculation.

Thanks again.

dmertz
Level 15

Is there a worksheet or instructions for Social Security Recipients Who Contribute to a Traditional IRA?

If the result on this worksheet indicates that factoring in the Social Security income makes no difference in the amount of the IRA contribution that is deductible, it's possible that TurboTax simply omits the worksheet from the forms list.

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