Artículo Which worksheet to use.. Which worksheet to use.

id="en_US_2024_publink1000171919"> Which worksheet to use. A worksheet you can use to figure your taxable benefits is in the Instructions for Form 1040. You can use either that worksheet or Worksheet 1 in Pub. 915, unless any of the following situations applies to you. You contributed to a traditional individual retirement arrangement (IRA) and you or your spouse is covered by a retirement plan at work. In this situation, you must use the special worksheets in Appendix B of Pub. 590-A to figure both your IRA deduction and your taxable benefits. Situation 1 doesn’t apply and you take an exclusion for interest from qualified U.S. savings bonds (Form 8815), for adoption benefits (Form 8839), for foreign earned income or housing (Form 2555), or for income earned in American Samoa (Form 4563) or Puerto Rico by bona fide residents. In this situation, you must use Worksheet 1 in Pub. 915 to figure your taxable benefits. You received a lump-sum payment for an earlier year. In this situation, also complete Worksheet 2 or 3 and Worksheet 4 in Pub. 915. See Lump-sum election next. Lump-sum election. You must include the taxable part of a lump-sum (retroactive) payment of benefits received in 2025 in your 2025 income, even if the payment includes benefits for an earlier year. . Check the box on Form 1040, or Form 1040-SR, line 6c, if you elect to use the lump-sum election method for your benefits. If any of your benefits are taxable for 2025 and they include a lump-sum benefit payment that was for an earlier year, you may be able to reduce the taxable amount with the lump-sum election. See Lump-Sum Election in Pub. 915 for details. . . This type of lump-sum benefit payment shouldn’t be confused with the lump-sum death benefit that both the SSA and RRB pay to many of their beneficiaries. No part of the lump-sum death benefit is subject to tax. . Generally, you use your 2025 income to figure the taxable part of the total benefits received in 2025. However, you may be able to figure the taxable part of a lump-sum payment for an earlier year separately, using your income for the earlier year. You can elect this method if it lowers your taxable benefits. Making the election. If you received a lump-sum benefit payment in 2025 that includes benefits for one or more earlier years, follow the instructions in Pub. 915 under Lump-Sum Election to see whether making the election will lower your taxable benefits. That discussion also explains how to make the election. . Because the earlier year’s taxable benefits are included in your 2025 income, no adjustment is made to the earlier year's return. Don’t file an amended return for the earlier year. . Examples The following are a few examples you can use as a guide to figure the taxable part of your benefits. Example 1. You are single and file Form 1040 for 2025. You received the following income in 2025. Fully taxable pension $18,600 Wages from part-time job 9,400 Taxable interest income 990 Total $28,990 You also received social security benefits during 2025. The Form SSA-1099 you received in January 2026 shows $5,980 in box 5. To figure your taxable benefits, you complete the worksheet shown here. Filled-in Worksheet 1. Figuring Your Taxable Benefits 1. Enter the total amount from box 5 of all your Forms SSA-1099 and RRB-1099 . Also enter this amount on Form 1040 or 1040-SR, line 6a $5,980 2. Multiply line 1 by 50% (0.50) 2,990 3. Combine the amounts from Form 1040 or 1040-SR, lines 1z, 2b, 3b, 4b, 5b, 7a, and 8 28,990