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Where do I enter the UBE on theTaxable Social Security Worksheet? Worksheet includes exemption and I thought this was not allowed.

Donna Del
Level 1
 
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1 Comment 1
qbteachmt
Level 15

What is UBE?

And if that is Unemployment, is this what you are asking about...

The Unemployment is still fully considered for SS. Here is the specific IRS release on the computations:

https://www.irs.gov/forms-pubs/new-exclusion-of-up-to-10200-of-unemployment-compensation

 

"When figuring the following deductions or exclusions from income, if you are asked to enter an amount from Schedule 1, line 7 enter the total amount of unemployment compensation reported on line 7 (unreduced by any exclusion amount) and if you are asked to enter an amount from Schedule 1, line 8, enter the amount from line 3 of the Unemployment Compensation Exclusion Worksheet. See the specific form or instructions for more information. If you file Form 1040-NR, you aren’t eligible for all of these deductions. See the Instructions for Form 1040-NR for details."

  • Taxable social security benefits (Instructions for Form 1040 or 1040-SR, Social Security Benefits Worksheet)
  • IRA deduction (Instructions for Form 1040 or 1040-SR, IRA Deduction Worksheet)
  • Student loan interest deduction (Instructions for Form 1040 or 1040-SR, Student Loan Interest Deduction Worksheet)
  • Nontaxable amount of Olympic or Paralympic medals and USOC prize money (Instructions for Form 1040 or 1040-SR, Schedule 1, line 8 )
  • The exclusion of interest from Series EE and I U.S. Savings Bonds issued after 1989 (Form 8815)
  • The exclusion of employer-provided adoption benefits (Form 8839)
  • Tuition and fees deduction (Form 8917)
  • The deduction of up to $25,000 for active participation in a passive rental real estate activity (Form 8582)
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