Ask Terry Questions Social Security Taxes

Social Security Taxes

By Terry Savage on January 26, 2024 | Taxes & Economy

My 2023 Form SSA-1099 indicates there was $5,697.40 in Federal taxes withheld. Please confirm that I am to include this on my 1040 as taxes withheld. Thanks

Terry Says

Yes, that is taxes you already paid on your income. Here’s an article that explain it completely.

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