Social Security Worksheet 2019: Fill & Download for Free

Yes, you have to report it. There’s a line on your form 1040 specifically put there to report Social Security benefits: for 2019, it’s line 5, labeled “Social Security benefits”.Depending on your income, most or all of your Social Security may be tax exempt. That’s why there’s a line 5a for the total amount, and then 5b for “taxable amount”. Read the instructions and there’s a worksheet for calculating the taxable amount. Or if you use tax software, it should calculate it for you.

Here you go!Form 1040 Social Security Benefits Worksheet 2019Name(s) Shown on Return XXXXXXX XXXXXXXXXXSocial Security Number XXX-XX-XXXXSocial Security/Railroad Retirement benefits received in 2018TaxpayerSpouseA 7,154Total net benefits from Box 5 of all SSA-1099 formsB 0Total federal tax withheld from box 6 of all SSA-1099 formsCTotal Medicare B premiums withheld from all SSA-1099 formsDTotal Medicare C premiums withheld from all SSA-1099 formsETotal Medicare D premiums withheld from all SSA-1099 formsNote: If self-employed, Medicare premiums are deductible asSelf-Employed Health Insurance. If self-employed, enter premiumson the business activity form (Schedule C, F, etc), not on Lines C, Dand E above.FTotal net benefits from Box 5 of all RRB-1099 formsG Total federal tax withheld from box 10 of all RRB-1099 formsHTotal Medicare premiums from Box 11 of all RRB-1099 forms1 Add amounts from line A and line F above. Also enter this amount onForm 1040, line 5a1 7,1542 Enter one-half of line 12 3,5773 Add the amounts on Form 1040 or 1040-SR, lines 1 (before adoption benefitsexclusion), 2a (before U.S. savings bond interest exclusion), 2b, 3b, 4b, 4d, 6,and Schedule 1, line 9. Also include certain income of bona fide residents ofAmerican Samoa or Puerto Rico.3 37,7564 Enter the total of any exclusions/adjustments for:? Foreign earned income or housing exclusion45 Add lines 2, 3, and 45 41,3336 Amount from Schedule 1, lines 10 through 19, plus any write-in amountson Schedule 1, line 22 (other than foreign housing deduction)6 637 Subtract line 6 from line 57 41,2708 Enter $25,000 ($32,000 if married filing jointly; $0 if married filing separatelyand you lived with your spouse at any time in 2019)8 25,0009 Subtract line 8 from line 7. If zero or less, enter -0-9 16,270If line 9 is zero or less, stop here; none of your social security benefits aretaxable. Enter -0- on Form 1040, line 5b. If you are married filing separatelyand you lived apart from your spouse for all of 2019, enter ’D’ to the right of theword ’benefits’ on line 5a. If line 9 is more than zero, go to line 10.10 Enter $9,000 ($12,000 if married filing jointly; $0 if married filing separatelyand you lived with your spouse at any time in 2019)10 9,00011 Subtract line 10 from line 9. If zero or less, enter -0-11 7,27012 Enter the smaller of line 9 or line 1012 9,00013 Enter one-half of line 1213 4,50014 Enter the smaller of line 2 or line 1314 3,57715 Multiply line 11 by 85% (0.85). If line 11 is zero, enter -0-15 6,18016 Add lines 14 and 1516 9,75717 Multiply line 1 by 85% (0.85)17 6,08118 Taxable social security benefits. Enter the smaller of line 16 or line 1718 6,081If prior year lump-sum benefits were received, go to line 19, otherwise,skip line 19 and enter the amount from line 18 on line 20.19 Taxable benefits with lump sum election. Enter the amount from line 20 of theLump-Sum Social Security Worksheet1920 Taxable Social Security benefits. Enter the smaller of line 18 or line 19Also enter this amount on Form 1040 or 1040-SR, line 5b20 6,081

Possibly, but that depends mostly on what other sources of income you have.There’s no difference for most purposes between Social Security that’s awarded for disability and Social Security retirement pensions (these are collectively referred to sometimes as “Title II benefits” as Title II of the Social Security Act governs entitlement to these payments).Title II benefits are exempt from taxation to the extent that one-half of the benefits are not exceeded by combined other sources of income in the household, and partially exempt otherwise. Most people can determine whether the benefits will end up being taxable by completing the worksheet at page 28 of the Form 1040 instructions. (Caveat, this answer is for the 2019 tax year; though the basic scheme hasn’t changed much, the forms and worksheets may change from year to year.)In Pennsylvania, Social Security is exempt from state income tax, but this could vary from state to state.“Supplemental Security Income” or “Title XVI benefits” are actually a form of means-tested cash assistance and are not taxable.