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New Member
posted Feb 23, 2022 10:48:34 AM

Will turbo tax calculate if i owe tax on my social security?

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2 Replies
Level 15
Feb 23, 2022 10:50:38 AM

Yes.

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

 

Level 15
Feb 23, 2022 10:51:33 AM

Yes just enter the total (box 5) from your SSA-1099.

 

Up to 85% of Social Security 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

 

To see the Social Security Benefits Calculation Worksheet  in Turbo Tax Online version you would have to save your return with all the worksheets to your computer.   Or if you are using the Desktop CD/Download Software you can switch to Forms Mode (click Forms in the upper right) and click on SS in the list on the left side.