Social Security Benefits and Taxes
Hello, I included my Social Security benefits in my original tax return. The program told me that I didn't owe taxes on them; however, the IRS has directed me to their tax brackets and communicated that I'd owe anything above the tax bracket. The amount received is $13, 620. The bracket says I owe 12% on income that exists between $11, 926 to $48,475. I'm wondering if I owe money or if I don't. And, if I do, what do I need to do to move forward? Thank you.
Answers
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Hi AlexisG_Bravo,
Thanks for writing in with your question and joining our Community.
An IRS letter adjusting your tax return and calculating what you owe is generally correct.
Since all facts and circumstances matter on your tax return, we can help you more directly in Customer Support if you'll log into your account.
This article from our Community may also answer your question.
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