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christineonlyno
New Member

Social Security Benefits Worksheet

The Worksheet for Social Security Benefits confuses me.

1.  Why, when there are amounts on lines A,B,C and amounts from the 1040 , and the other calculations...would there be no numbers filled in on the form?  I see only lines 1 and 20 filled in, but I think lines 1 THROUGH 20 should be completed.

 

2.  Can anyone explain what the  line 8-- $25,000 reduction is about?  

3.  Can anyone explain what the line 10--$9,000 reduction is about?

 

This is sure confusing for me!

Thanks all 🙂

Christine

6 Replies
LindaA
Level 10

Social Security Benefits Worksheet

When line 9 on the Social Security Benefits Worksheet is zero or less, none of your Social Security benefits are taxable so it isn't necessary to fill in the other lines.

 

Your Social Security benefits may become taxable when you have other income. The $25,000 is a "base amount" for a single person. If one-half of your Social Security benefits plus your other income is greater than $25,000, then some of your SS benefits are taxable. For more information, please see Is my Social Security income taxable?

 

 

If you are still curious about the details, you'll find them in IRS Pub 915, Social Security and Equivalent Railroad Retirement Benefits.

DCBischof
New Member

Social Security Benefits Worksheet

Linda,

I have the same issue.

85% of my SS is taxable and I understand that.

I'm curious why the only lines that Turbo Tax completed on the worksheet is Line 1 and Line 20,

Lines 2 thru 19 were left blank.

Shouldn't TT have completed the workshee??

djk524
New Member

Social Security Benefits Worksheet

This is exactly the issue that I am having.  I did a little research and I know there is a worksheet than can be completed where a maximum of 85% is taxable. I  just cannot see where this is calculated on turbotax.  It appears that entire social security amount is carried over as taxable income.  I am so confused.

DoninGA
Level 15

Social Security Benefits Worksheet


@djk524 wrote:

This is exactly the issue that I am having.  I did a little research and I know there is a worksheet than can be completed where a maximum of 85% is taxable. I  just cannot see where this is calculated on turbotax.  It appears that entire social security amount is carried over as taxable income.  I am so confused.


No the amount of your SS benefits is not being 100% taxable.  The maximum is 85% taxable.

 

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

Look at your tax return Form 1040 Line 6a is the total benefits and Line 6b is the taxable amount.

 

You can view your Form 1040 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

xmasbaby0
Level 15

Social Security Benefits Worksheet

Look on line 6a and 6b of your Form 1040.  It shows you how much of your SS was taxable.

 

PREVIEW 1040

 

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
VolvoGirl
Level 15

Social Security Benefits Worksheet

If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check the actual 1040 form and make sure it's right. Before filing you can preview the 1040 or print the whole return
https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-f...

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