topic Re: 1099SSA in Get your taxes done using TurboTax

1099SSA

Cloey136 — Sun, 26 Jan 2025 16:24:50 GMT

405.25 payment no taxes will this affect taxes or is it to small of a amount?

Re: 1099SSA

MinhT1 — Sun, 26 Jan 2025 16:27:08 GMT

It depends.

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

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.

Re: 1099SSA

xmasbaby0 — Sun, 26 Jan 2025 16:28:59 GMT

We have no context for this question. A SSA1099 shows the amount of Social Security benefits you received. Are you asking if $405.25 will have an effect on your refund or tax due? Are you asking if you are supposed to enter it?

ALL of your 2024 income including the SSA1099 must be entered if you are filing a tax return.

Go to Federal> Wages & Income>>Retirement Plans and Social Security (SSA1099 and 1099RRB) to enter your SSA1099.