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    workers compensation offset Form SSA-1099

    larryzfp
    Level 3

    Social Security Benefit Statement Form SSA-1099 has

    "Workers Compensation offset".

    Does this have to be entered anywhere?

     

    Thank you! 

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    1 Best Answer

    Accepted Solutions
    dkh
    Level 15

    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 

     https://secure.ssa.gov/apps10/poms.nsf/lnx/0452150090

    View solution in original post

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    8 Comments 8
    dkh
    Level 15

    Is the WC Offset amount in Box 4 Benefits Repaid?    

    larryzfp
    Level 3
    Spoiler
    No not repaid. And it is on SSA-1099 for the second year in a row? 
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    larryzfp
    Level 3

    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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    dkh
    Level 15

    I found this regarding the WC offset   - sounds like you do nothing 

    https://ttlc.intuit.com/community/retirement/discussion/my-ssa-1099-has-workers-compensation-offset-...

    dkh
    Level 15

    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 

     https://secure.ssa.gov/apps10/poms.nsf/lnx/0452150090

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    larryzfp
    Level 3

    Thank you!

    dkh
    Level 15
    You are welcome!
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    Hobbygirl
    Level 1

    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?

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