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Unemployment and taxable social security

Ed17
Level 1

The social security benefits worksheet is including the non-taxable portion of unemployment benefits ($10,200) in the calculation of taxable social security. Is this correct ?

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5 Replies 5
BobKamman
Level 13

Is anyone else surprised by how many people collected both Social Security and unemployment last year?

I guess at my age I shouldn't be.

HillBilly
Level 3

Really jumped out at me also.  Could be sign of the time we are in, or number of working spouses which are younger..

Shows my "experience" i.e. age, doesn't it.

hud711
Level 1

The IRS just issued new guidance on March 23,2021.After reading the guidance I don't believe it should be included.Does anyone agree with me?How do you interpret the guidance?

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TaxGuyBill
Level 14

Nothing has changed in that regard.  Actually, their revised webpage added and clarified that the calculation of taxable Social Security uses the full amount.

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