pablo11855
Level 1
03-17-2021
12:47 PM
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social security benefits are now not taxable>
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TaxGuyBill
Level 15
03-17-2021
12:55 PM
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The calculation of taxable Social Security should NOT be affect by making Unemployment nontaxable.
You may want to wait for the update, which is scheduled for tomorrow.
chasetax
Level 7
03-17-2021
01:15 PM
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@TaxGuyBill wouldn't the calculation of taxable soc sec be affected by total income?
TaxGuyBill
Level 15
03-17-2021
01:20 PM
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Yes, total income BEFORE you subtract the $10,200 from your income.
If you just enter $10,200 on Line 8, the program will incorrectly calculate Social Security AFTER the $10,200 is subtracted.