If your income is modest, it is likely that none of your Social Security benefits are taxable. As your gross income increases, a higher percentage of your Social Security benefits become taxable, up to a maximum of 85% of your total benefits.The TaxAct® program will automatically calculate the taxable amount of your Social Security income (if any).
To view the Social Security Benefits Worksheet:
TaxAct Online Return
NOTE: If, after you click Print in Step 5 above, you are directed to the Payment Option screen, you will need to process the product fees prior to printing.
TaxAct Desktop Return