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February 16, 2025
Question

Do I put my 1099 - SM here. I don't have a 1099 - K.

  • February 16, 2025
  • 1 reply
  • 0 views
Do I select yes or no here?

    1 reply

    VolvoGirl
    Employee
    February 16, 2025

    Where are you?  What did you get a 1099 SM for?  Is it Social Security SSA-1099SM Social Security .

     

    Enter a SSA-1099, SSA-1099-SM or RRB-1099  under

    Federal Taxes on the left side or top

    Wages and Income

    Then scroll down to Retirement Plans and Social Security

    Then the second line - Social Security (SSA-1099. RRB-1099) - click the Start or Revisit  button

     

    Up to 85% of Social Security 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