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

Income — Social Security Benefits; Form 1040, Line 20a

Introduction

Objectives

At the end of this lesson, using your resource materials, you will be able to:

  • Determine the taxable portion of social security and railroad retirement benefits
  • Determine the most advantageous method of reporting lump sum social security benefits
  • Report social security and railroad retirement benefits on the tax return

Estimated time to complete: 10 minutes