Taxable social security benefits and IRA worksheet
The system calculates the taxable portion of social security benefits received from the Social Security Worksheet. This worksheet is in Forms View in the
SSW
folder. The taxable amount is carried to Form 1040, line 5b.If the recipient contributed to an IRA, the taxable social security benefits are calculated using the Worksheet 1 For Social Security Recipients Who Contribute To An IRA. This worksheet is also in Forms View in the
SSW
folder.Related Content
-
Lump sum social security benefits
Format:
Article,
1 min read
-
Form SSA-1099 data entry
Format:
Article,
1 min read
