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Level 2
posted Feb 11, 2024 3:20:58 PM

turbo tax income summary comparison of 2022 vs 2023 is wrong for SSA

turbo tax income summary comparison of 2022 vs 2023 is wrong for SSA. 

Most IRS form 1099s show a gross benefit and lower net benefit after medicar  premiums have been removed.

The comparison 2022 summarizes the net benefits, while the 2023 summarizes the gross benefits.

 

What did I do wrong?

 

0 3 808
1 Best answer
Level 2
Feb 11, 2024 5:00:23 PM

Also I compared the 2022 1040-SR line 6 to the 2023 line 6.

In 2023 6A show the total benefits  

In 2022 6A showed the net benefits after removing premiums.

 

I have double checked my 2023 entries and am sure I put in exactly what TT wanted.

Later tonight I am going to reopen my 2022 return and see if I made a mistake there.

 

3 Replies
Level 2
Feb 11, 2024 5:00:23 PM

Also I compared the 2022 1040-SR line 6 to the 2023 line 6.

In 2023 6A show the total benefits  

In 2022 6A showed the net benefits after removing premiums.

 

I have double checked my 2023 entries and am sure I put in exactly what TT wanted.

Later tonight I am going to reopen my 2022 return and see if I made a mistake there.

 

Level 15
Feb 11, 2024 5:06:56 PM


@rberke1216 wrote:

Also I compared the 2022 1040-SR line 6 to the 2023 line 6.

In 2023 6A show the total benefits  

In 2022 6A showed the net benefits after removing premiums.

 

I have double checked my 2023 entries and am sure I put in exactly what TT wanted.

Later tonight I am going to reopen my 2022 return and see if I made a mistake there.

 


On a Form 1040 or a Form 1040-SR for tax years 2020 thru 2023, the amount that is entered on Line 6a for the Social Security benefits received is the exact same amount that you entered from box 5 of the SSA-1099

Level 2
Feb 11, 2024 8:32:23 PM

I screwed up last year.  Thanks for your quick response.