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Complete this worksheet to see if any of your Social Security and/or SSI (supplemental security income) benefits may be taxable.
We developed this worksheet for you to see if your benefits may be taxable for 2024. Fill in lines A through E. Do not use the worksheet below if any of the following apply to you; instead, go directly to IRS Pub. 915, Social Security and Equivalent Railroad Retirement Benefits. You received Form RRB-1099, Form SSA-1042S, or Form RRB-1042S.
You can choose to have federal income tax withheld from your social security benefits and/or the SSEB portion of your tier 1 railroad retirement benefits. If you choose to do this, you must complete a Form W-4V.
Social Security Benefits Worksheet—Lines 5a and 5b. Keep for Your Records. Before you begin: Figure any write-in adjustments to be entered on the dotted line next to Schedule 1, line 36 (see the instructions for Schedule 1, line 36).
2022 SOCIAL SECURITY TAXABLE BENEFITS WORKSHEET. Before you begin: Keep for Your Records Publication 915. / v If you are married filing separately and you lived apart from your spouse for all of 2022, enter ``D'' to the right of the word ``benefits'' on Form 1040 or 1040-SR, line 6a.
You will pay tax on your Social Security benefits based on Internal Revenue Service (IRS) rules if you: File a federal tax return as an "individual" and your combined income* is. Between $25,000 and $34,000, you may have to pay income tax on up to 50% of your benefits.
Request to withhold taxes. Submit a request to pay taxes on your Social Security benefit throughout the year instead of paying a large bill at tax time. You will pay federal income taxes on your benefits if your combined income (50% of your benefit amount plus any other earned income) exceeds $25,000/year filing individually or $32,000/year ...