cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

Social Security

My wife received her first social security payment in December 2019. She was 62 in September 2019 and the Social Security office said she could get a retro payment back to then. We received $2,087.00 on December 29, 2019. 

 

We have not received a 1099 from Social Security about this payment. Do i need to list this as income on my tax form. I am still working.

 

Your prompt reply is appreciated

 

-Kevin Grucella 

1 Best answer

Accepted Solutions
Highlighted
Employee Tax & Finance Expert

Social Security

It depends on your total income, including your wife's Social Security plus any other income.

 

You have to report this income on your tax return, and TurboTax will calculate the taxable portion.

 

Please read this TurboTax Help topic for more information.

 

 

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

View solution in original post

2 Replies
Highlighted
Employee Tax & Finance Expert

Social Security

It depends on your total income, including your wife's Social Security plus any other income.

 

You have to report this income on your tax return, and TurboTax will calculate the taxable portion.

 

Please read this TurboTax Help topic for more information.

 

 

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

View solution in original post

Highlighted
Level 1

Social Security

thanks