https://ttlc.intuit.com/community/after-you-file/discussion/social-security-impact-on-taxes/01/2550375#M633547 <P>I retired in July of 2021. I started to collect social security in August of 2021. I know that social security is taxable based on your income. However, I am inquiring if there is different calculation for the tax impact in the first year you start collecting social security?</P> Mon, 09 Mar 2026 09:02:49 GMT thomasjmelton1 2026-03-09T09:02:49Z https://ttlc.intuit.com/community/after-you-file/discussion/social-security-impact-on-taxes/01/2550375#M633547 <P>I retired in July of 2021. I started to collect social security in August of 2021. I know that social security is taxable based on your income. However, I am inquiring if there is different calculation for the tax impact in the first year you start collecting social security?</P> Mon, 09 Mar 2026 09:02:49 GMT https://ttlc.intuit.com/community/after-you-file/discussion/social-security-impact-on-taxes/01/2550375#M633547 thomasjmelton1 2026-03-09T09:02:49Z https://ttlc.intuit.com/community/after-you-file/discussion/re-social-security-impact-on-taxes/01/2550394#M633551 <P>There is no special rule for the first year.</P> Sat, 05 Mar 2022 19:10:50 GMT https://ttlc.intuit.com/community/after-you-file/discussion/re-social-security-impact-on-taxes/01/2550394#M633551 fanfare 2022-03-05T19:10:50Z https://ttlc.intuit.com/community/after-you-file/discussion/re-social-security-impact-on-taxes/01/2550404#M633552 <P>No, the calculation is the same no matter when you start collecting your Social Security.</P> <P>&nbsp;</P> <P>To learn more, take a look at the following TurboTax help article:</P> <P>&nbsp;</P> <P><A href="https://ttlc.intuit.com/community/income/help/is-my-social-security-income-taxable/00/25600" target="_blank">Is my Social Security income taxable?</A></P> Sat, 05 Mar 2022 19:13:12 GMT https://ttlc.intuit.com/community/after-you-file/discussion/re-social-security-impact-on-taxes/01/2550404#M633552 AnnetteB6 2022-03-05T19:13:12Z