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Returning Member

Form 8582 and social security income

Hello,

 

I am retired with non-taxable social security income. I have a rental property where I had a loss for the first time and therefore I need to fill form 8582. My question is do I include my social security income as a passive activity income in the form 8582?

 

Thanks for any help.

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1 Best answer

Accepted Solutions
ColeenD3
Expert Alumni

Form 8582 and social security income

No, your social security income is unrelated to Form 8582. Just follow these steps to include your social security.

 

All SSA-1099 forms get entered in the same place:

  1. Open (continue) your return in TurboTax if it's not already open.
  2. In TurboTax, search for the term social security benefits and then select the Jump to link at the top of your search results.

  3. On the Social Security Benefits screen, answer Yes and select Continue.
  4. Check the first box, then enter the amounts from your form(s) where indicated.
    • If you received multiple SSA-1099s, add up the amounts for each box and enter them together.
    • Do not include SSA-1099s for dependents. Those should be reported on the dependent's return, but only if they are required to file a return (this is uncommon).

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1 Reply
ColeenD3
Expert Alumni

Form 8582 and social security income

No, your social security income is unrelated to Form 8582. Just follow these steps to include your social security.

 

All SSA-1099 forms get entered in the same place:

  1. Open (continue) your return in TurboTax if it's not already open.
  2. In TurboTax, search for the term social security benefits and then select the Jump to link at the top of your search results.

  3. On the Social Security Benefits screen, answer Yes and select Continue.
  4. Check the first box, then enter the amounts from your form(s) where indicated.
    • If you received multiple SSA-1099s, add up the amounts for each box and enter them together.
    • Do not include SSA-1099s for dependents. Those should be reported on the dependent's return, but only if they are required to file a return (this is uncommon).

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