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Level 2
March 19, 2021
Question

Checkbox to Apply the American Rescue Plan Act provisions is affecting taxable social security amount

  • March 19, 2021
  • 3 replies
  • 16 views

When I use the checkbox to apply the American Rescue Plan Act provisions in order to exclude non-taxable unemployment benefits, the taxable portion of social security benefits is higher than if I manually enter a negative number on line 8.  

The social security benefits worksheet is using the taxable and non-taxable unemployment benefits to calculate taxable social security benefits.  Is this correct?

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3 replies

Level 15
March 19, 2021

The program is correct.  The calculation of taxable Social Security (and several other MAGI-based calculations) still use the FULL amount of Unemployment.

abctax55
Level 15
March 20, 2021
KvolpertAuthor
Level 2
March 20, 2021

Thank you!

abctax55
Level 15
March 20, 2021

YVW

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