gs4
Level 1

The problem is when there is less than the maximum 85% taxable social security, then it does become circular.  I did just trial and error it to get it to the 80% NOL deduction which corresponds to the taxable amount of social security.  It took me 7-8 iterations, but if I were thinking more, probably 5-6 times would get it.  (Btw, Drake Software does the calculation.)