SSA-1099 has incorrect amounts

Forum|Forum|3 years ago
March 28, 2023
1 reply
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In 2022 I applied / received/ paid back social security benefits in full.

The 1099 they sent shows the correct amount in box 3. DOUBLE the amount (repaid) in box 4. Then a negative amount (overpayment?) in box 5.

The local SSA looked up my account and verified the numbers were correct as printed.

So can I post these numbers in the return? Then wait for the IRS to question the error?

Not my error. The document provider (SSA) verified document is correct.

I do see that the negative amount seems to have no bearing on any other data entered on the return.

Best answer by mglauner

Yes, enter your SSA-1099 as issued.

Your gross benefits are shown in box 3 of Form SSA-1099 or Form RRB-1099. Your repayments are shown in box 4. The amount in box 5 shows your net benefits for 2022 (box 3 minus box 4).

Use the amount in box 5 to figure whether any of your benefits are taxable.

Click this link for more info on Form SSA-1099.

@ranamaska

mglaunerAnswer

Yes, enter your SSA-1099 as issued.

Your gross benefits are shown in box 3 of Form SSA-1099 or Form RRB-1099. Your repayments are shown in box 4. The amount in box 5 shows your net benefits for 2022 (box 3 minus box 4).

Use the amount in box 5 to figure whether any of your benefits are taxable.

Click this link for more info on Form SSA-1099.

@ranamaska

ranamaskaAuthor

box 5 is a negative number.

The benefits were repaid in 2022 prior to tax liability being incurred.

Data entered as noted on 1099.

My concern is IRS coming back to me for the error.

PattiF

You should not be concerned about the IRS contacting you about the SSA-1099 Form. When it was checked at the local SSA office, they advised that there were no errors.

@ranamaska

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