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New Member
posted Apr 10, 2025 1:31:55 PM

Where on my 1099 foreman, will I find the Payer information ?

Do I need to report SSA benefits ?

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2 Replies
Level 15
Apr 10, 2025 1:34:19 PM

Social Security Retirement/Disability/Survivors benefits are reported on a form SSA-1099 and the benefits received are to be entered on a federal tax return. The benefits may be taxable depending on the amount of other income you have entered on your tax return.


However, if the Social Security benefits is the Only income to be reported on the tax return and there is no federal income taxes being withheld, then there is no reason or need to file a tax return..


Unless you also received a Form 1095-A for your health insurance through one of the State Marketplace Exchanges or from healthcare.gov then you must file a tax return.

 

To enter Social Security benefits reported on form SSA-1099

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Retirement Plans and Social Security
On Social Security (SSA-1099, RRB-1099), click the start or update button

Expert Alumni
Apr 10, 2025 1:36:25 PM

It depends.  if the only income you have is from SSA, do do not need to file a return.  If you have other income beside SSA, it's possible some to the income may be taxable.  if you do have other income to report, then report your SSA income and TurboTax will inform you if some of it is taxable or not.