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How do I claim the temporary deduction for Social security income?

sw3
Level 1
 
0 Cheers
7 Comments 7
abctax55
Level 15

A what?   

NMI

HumanKind... Be Both
Just-Lisa-Now-
Level 15
Level 15

Social security is taxable the same as it always has been, there's no temporary deduction.

If the client qualifies for the $6000 deduction for people 65 and older, the software will apply that automatically.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
abctax55
Level 15

Ah.... good mind reading, Lisa.

@sw3  - Words are important; do you mean 'how to apply OB3's 'supposed' no tax on social security?

How old is/are your clients /s

What's the AGI?

HumanKind... Be Both
BobKamman
Level 15


You’ve come to an Intuit site supporting tax professionals, and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

Taxprohere
Level 8

"....and you may be looking for support as an individual taxpayer."  

We hope that's true!

IRonMaN
Level 15

That is an excellent question but it seems that only our president knows how to get that deduction.  The rest of us are stuck with a potential $6,000 deduction if we are at least 65 years old.


Slava Ukraini!
ljr
Level 10

I really hope that question was not from a professional tax preparer.