Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Social Security Benefits

Summary

Summary

This lesson showed how to use the worksheet in Publication 915, Social Security and Equivalent Railroad Retirement Benefit, to calculate the taxable portion of social security benefits for Puerto Rico residents with exempt Puerto Rican source income.

The worksheet compares taxpayers':

  • Base amount (assigned by their filing status), and
  • Total of their income (including income from exempt sources) and half their social security benefits

Taxpayers whose total is more than their base amount may have to pay taxes on part of their social security benefits.

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