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.

pahdocoj
New Member

Why did TurboTax calculate that none of my SSA benefits were taxable?

The IRS said 85% of it was taxable. What happened to your calculations?
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.

2 Replies

Why did TurboTax calculate that none of my SSA benefits were taxable?

After you entered the SSA-1099 into the TurboTax program there was a following screen asking if you lived in any of the foreign countries listed.  If you selected YES then none of your Social Security benefits would be taxable.  You should have answered NO.

MinhT1
Employee Tax Expert

Why did TurboTax calculate that none of my SSA benefits were taxable?

Social Security income may be partially taxable depending on your filing status and the level of your combined income, including Social Security income.

 

Up to 85% of Social Security Retirement/Disability/Survivors benefits becomes taxable when all your other income plus 1/2 your social security reaches:

  • Married Filing Jointly - $32,000
  • Single or Head of Household - $25,000
  • Married Filing Separately - 0

TurboTax will automatically calculate the taxable part of your Social Security income using the IRS formula.

 

Please read this TurboTax blog on the taxation of Social Security benefits.

 

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

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