SSA 1099 box 5 says to enter the net SS benefit. However, the SS 1099 actually has the gross benefit in box 5 including the amt. pd. for Medicare ... is this an error?

[rjs · Accepted solution]

No, it's not an error. The "Net Benefits" in box 5 is just the net after subtracting any repayment. As it says in box 5, it is the total benefits in box 3 minus any repayment in box 4.

The amount in box 5 is the net amount that Social Security paid out, after accounting for any repayment. It's not supposed to be the amount you actually received. The fact that some of what they paid went towards your Medicare premiums does not change the fact that they paid it. The Medicare premiums are not supposed to be subtracted from box 5. It's the same as if they sent you the full amount and you wrote a check to Medicare.

You enter the amount in box 5 in TurboTax.

[arlene1510]

Thank you ... your answer was very helpful ... now I understand.

[fanfare]

enter the amount shown in the box on your document.

[Maz2021]

14888 I paid a levy in 2017 for taxes 2018 food stamps which I shouldn’t had to pay back on disibility 

[Maz2021]

Spoiler

Tax levy was for 371.10 box 3 had income set as 14,472.90$

[Maz2021]

Not Medicare for snap 371.90

[Maz2021]

What spoiler 

[Mike Lewis26]

• 1689

[Mike Lewis26]

1689

[ReginaM]

No, this is not an error.  TurboTaxes net benefits terminology comes directly from the IRS. 

This is from IRS Publication 915 which shows net benefits as defined is the result of subtracting the figure in box 4 for the figure in box 3.