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Social Security Benefit Statement Form SSA-1099 has
"Workers Compensation offset".
Does this have to be entered anywhere?
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Yes the taxpayer is receiving WC and SS. The SS is reduced by the WC benefits but is taxed on the full amount of SS.
I also found this.... scroll down to item D
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Is the WC Offset amount in Box 4 Benefits Repaid?
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No Workers compensation offset. Seems like it is a reduction in payment. Box 5 $9760
Box 3
Paid by check $4675
Medicare B $2429
Part D $98
Workers Compensation offset $2558
Total additions $9760
Benefits For 2020 $9760
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I found this regarding the WC offset - sounds like you do nothing
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Yes the taxpayer is receiving WC and SS. The SS is reduced by the WC benefits but is taxed on the full amount of SS.
I also found this.... scroll down to item D
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Where would the WC offset be reported in turbo tax? Just wondering why it's not with the instructions. I am wondering now if I've done it right?