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 - $32,000Single or Head of Household - $25,000Married Filing Separately - 0Use the following calculator to get an estimate of a tax refund or taxes owed - https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

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I started receiving soc sec checks in may. how do I determine the taxable amount/

Forum|Forum|7 years ago
June 5, 2019
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Best answer by DoninGA

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

Use the following calculator to get an estimate of a tax refund or taxes owed - https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

DoninGAAnswer

Employee

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

Use the following calculator to get an estimate of a tax refund or taxes owed - https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

S

SweetieJean

Employee

Some States tax Social Security benefits, but many do not.

X

xmasbaby0

Employee

In January, you will receive a SSA1099 from Social Security. When you do your 2017 tax return, you will need to enter your SSA1099 into the Wages & Income section of TurboTax exactly as it appears and let the software do the calculations for you. The worksheet on the back of the SSA1099 is tricky--no real need to bother with it. Just enter everything into the program and let the program calculate your taxable income (if any.)

Do not try to enter your SSA1099 as a W-2. Go to Federal> Wages & Income>>Retirement Plans and Social Security to enter your SSA1099.

**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.**