topic I completed my federal income tax and was told it was ready to file, but my social security income was not included? in Get your taxes done using TurboTax

I completed my federal income tax and was told it was ready to file, but my social security income was not included?

dickbro — Fri, 19 Mar 2021 16:51:24 GMT

Re: I completed my federal income tax and was told it was ready to file, but my social security i...

RayW7 — Fri, 19 Mar 2021 17:12:30 GMT

Not everyone has to pay taxes on their Social Security benefits. To see if your Social Security will be taxed, you have to look at your combined income and your marital status. “Combined income” in relation to social security income is Adjusted Gross Income plus nontaxable interest plus 1/2 of social security benefits.

If you’re single and your total combined income for the year is between $25,000 and $34,000, then up to 50% of your benefits can be taxed.
If you’re single and your total combined income for the year is greater than $34,000, then up to 85% of your benefits can be taxed.
If you’re married filing jointly and your total combined income for the year is between $32,000 and $44,000, then up to 50% of your benefits can be taxed.
If you’re married filing jointly and your total combined income for the year is greater than $44,000, then up to 85% of your benefits can be taxed.

-follow this link for more information-

A Guide to Social Security Tax - TurboTax Tax Tips & Videos

Re: I completed my federal income tax and was told it was ready to file, but my social security i...

dickbro — Sun, 21 Mar 2021 22:32:52 GMT

I have been filling my Federal income tax for at least 10 years with TurboTax and have always paid taxes on my Social Security. In the past they have been very good at comparing previous year to current year. Providing comparisons in a list of all items on the return. If they had , I would have seen the error immediately.

Re: I completed my federal income tax and was told it was ready to file, but my social security i...

AnnetteB6 — Mon, 22 Mar 2021 13:48:08 GMT

If you did not include your Social Security income on your return that has already been filed, you will need to amend it to determine whether the additional income will affect your bottom line based on the other income reported on your return.

The amended Form 1040X has not yet been released for 2020 tax returns. Take a look at the TurboTax article below and use the link to register your email address so that you will be notified when the amended Form 1040X is available. After the amended form is available, the article will be updated with instructions.

How do I amend my 2020 return?

@dickbro