Do I claim my social security under income?

Joyfuljaws5
Joyfuljaws5 Member Posts: 5 Newcomer
in Retirement Income

I have not printed the form yet!!

Best Answer

  • JMSSGV
    JMSSGV Member Posts: 208
    Answer ✓

    Yes. You enter the amount from Box 5 of your Form SSA-1099 in the software. You also enter any voluntary taxes you had withheld (Box 6) and the amount of any Medicare premiums that were deducted from your monthly payments. Some of your Social Security may be taxable; it depends on the amount of your other income. The software will calculate the taxable amount.

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