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Best answer by HollyP

No, you do not need to enter box 4 on Form SSA-1099 in TurboTax. Your gross benefits are shown in box 3 of Form SSA-1099. Your repayments are shown in box 4. The amount in box 5 shows your net benefits for 2015 (box 3 minus box 4). So, you only use the amount in box 5 to figure whether any of your benefits are taxable. 

See IRS Publication 915 for more info.

3 replies

HollyPEmployee Tax ExpertAnswer
Employee Tax Expert
June 5, 2019

No, you do not need to enter box 4 on Form SSA-1099 in TurboTax. Your gross benefits are shown in box 3 of Form SSA-1099. Your repayments are shown in box 4. The amount in box 5 shows your net benefits for 2015 (box 3 minus box 4). So, you only use the amount in box 5 to figure whether any of your benefits are taxable. 

See IRS Publication 915 for more info.

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Level 3
January 28, 2020

So, I do not get no credit for anything from box 4 (other repayments) SSA-1099, correct?  Also, this is not considered a lump-sum SS summary, correct?

Barbara

DoninGA
Level 15
Level 15
January 28, 2020

Box 5 is the Net of box 3 minus box 4.  If you have repayments in box 4, those are Not lump sum payments to be reported on your tax return.

Level 2
April 22, 2021

I need help fixing my EIN number on my 2020 tax returns it should be the exact same as my 2019 returns that were done by TurboTax

DaveF1006
Level 15
April 23, 2021

It depends. To clarify, what tax forms need correcting? Are they 1099R, W2, or some other form?

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Level 2
April 23, 2021

Yes I was paying the money's but i don't get federal tax do I don't have credit card what can I do

Level 14
April 23, 2021

Yu can send in payment using some other form of payment.  I do not fully understand your question but I think you are wondering how to pay because you do not have a credit card.  Wait for a bill and pay using money order or whatever form of payment you have.

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