Page 4

Example. You and your spouse (both over 65) are filing a joint return for 2022 and you both received social security benefits during the year. In January 2023, you received a Form SSA-1099 showing net benefits of $5,100 in box 5. Your spouse received a Form SSA-1099 showing net benefits of $2,500 in box 5. You also received a taxable pension of $28,100 and interest income of $700. You didn’t have any tax-exempt interest income. Your benefits aren’t taxable for 2022 because your income, as figured on Worksheet A, isn’t more than your base amount ($32,000) for married filing jointly. Even though none of your benefits are taxable, you must file a return for 2022 because your taxable gross income ($28,800) exceeds the minimum filing requirement amount for your filing status. Worksheet A. A Quick Way To Check if Your Benefits May Be Taxable Note. If you plan to file a joint income tax return, include your spouse's amounts, if any, on lines A, C, and D. A. Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099. Include the full amount of any lump-sum benefit payments received in 2022, for 2022 and earlier years. (If you received more than one form, combine the amounts from box 5 and enter the total.) . . . . . A.

Note. If the amount on line A is zero or less, stop here; none of your benefits are taxable this year. B. Multiply line A by 50% (0.50) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B.

C. Enter your total income that is taxable (excluding line A), such as pensions, wages, interest, ordinary dividends, and capital gain distributions. Don’t reduce your income by any deductions, exclusions (listed earlier), or exemptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C.

D. Enter any tax-exempt interest income, such as interest on municipal bonds . . . . . . . . . . . . . . . D.

E. Add lines B, C, and D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E. Note. Compare the amount on line E to your base amount for your filing status. If the amount on line E equals or is less than the base amount for your filing status, none of your benefits are taxable this year. If the amount on line E is more than your base amount, some of your benefits may be taxable. You need to complete Worksheet 1. If none of your benefits are taxable, but you must otherwise file a tax return, see Benefits not taxable, later, under How To Report Your Benefits. Filled-in Worksheet A. A Quick Way To Check if Your Benefits May Be Taxable Note. If you plan to file a joint income tax return, include your spouse's amounts, if any, on lines A, C, and D. A. Enter the total amount from box 5 of ALL your Forms SSA-1099 and RRB-1099. Include the full amount of any lump-sum benefit payments received in 2022, for 2022 and earlier years. (If you received more than one form, combine the amounts from box 5 and enter the total.) . . . . . A. $6,000 Note. If the amount on line A is zero or less, stop here; none of your benefits are taxable this year. B. Multiply line A by 50% (0.50) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B. 3,000 C. Enter your total income that is taxable (excluding line A), such as pensions, wages, interest, ordinary dividends, and capital gain distributions. Don’t reduce your income by any deductions, exclusions (listed earlier), or exemptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C. 28,800 D. Enter any tax-exempt interest income, such as interest on municipal bonds . . . . . . . . . . . . . . . D. -0- E. Add lines B, C, and D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E. $31,800 Note. Compare the amount on line E to your base amount for your filing status. If the amount on line E equals or is less than the base amount for your filing status, none of your benefits are taxable this year. If the amount on line E is more than your base amount, some of your benefits may be taxable and you will need to complete Worksheet 1. If none of your benefits are taxable, but you must otherwise file a tax return, see Benefits not taxable, later, under How To Report Your Benefits. Page 4 Publication 915 (2022)