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February 11, 2024
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turbo tax income summary comparison of 2022 vs 2023 is wrong for SSA

  • February 11, 2024
  • 1 reply
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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?

 

    Best answer by rberke1216

    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.

     

    1 reply

    rberke1216AuthorAnswer
    February 12, 2024

    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.

     

    DoninGA
    Employee
    February 12, 2024

    @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

    February 12, 2024

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