Question

Income not showing up

Forum|Forum|2 years ago
January 20, 2024
2 replies
0 views

I have started my taxes and entered both my and my wife's SS income. However, when TurboTax runs a calculation, it does not show my income in final calculations. Will a working version of TurboTax be available in January 2024?

X

xmasbaby0

Employee

If the ONLY income you have entered is Social Security you do not have taxable income so it will not show up except on line 6a of your Form 1040. Line 15 will be blank. If you do not have any other taxable income to enter, you are not required to file a tax return.

**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.**

S

swflalarryAuthor

I had income from my 403(b), which it shows - taxes are deducted automatically from my withdrawals at the 20% rate. My return is showing 3x as much as a return than what it should be.

DoninGA

Employee

When looking at Summary screens and you are filing as Married Filing Jointly only the totals for both of you are presented. It does not break it down by person.

When entering the SS benefits information did you enter an amount under your name and an amount under your spouse's name for box 5 on the Social Security benefits screen?