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2 replies

SharonD007
April 16, 2024

The taxable part of your Social Security income depends on your total income and your filing status.  When your Modified Adjusted Gross Income (MAGI) exceeds the base amount for your filing status, some of your Social Security income is taxable. TurboTax calculates the taxable part of your Social Security income when you enter all of your income.

 

Refer to the TurboTax Help articles How does receiving Social Security affect my taxes? and s my Social Security income taxable? For additional information.

 

To report your Social Security benefits:

  1. Sign in to your TurboTax account
  2. Select the magnifying glass to search and type social security income in the search box 
  3. Select Jump to social security income
  4. Select yes on the next screen Did you receive Social Security or Railroad Retirement benefits in 2023?
  5. Select the box that says Social Security benefits (Form SSA-1099) 
  6. Enter the information and select Continue.

 

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VolvoGirl
Employee
April 16, 2024

Yes Social Security may be taxable.  

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


To see the Social Security Benefits Calculation Worksheet in Turbo Tax Online version you would have to save your return with all the worksheets to your computer. Or if you are using the Desktop CD/Download Software you can switch to Forms Mode (click Forms in the upper right) and click on SS in the list on the right side.