In filling out the Social Security worksheet, I'm confused with the results I get.
JA: The Accountant will know how to help. Please tell me more, so we can help you best.
Customer: We received $32,647 in benefits
, we made $75,980 last year. When I fill out the form
, we have on Line #1, $32,647, Line #2, $16,324. Line #3, $75980 & Line #5, $92,304. Line #6 is zero. Does that mean that we owe $0.00 in tax
on the benefit? Doesn't seem correct.
JA: Is there anything else the Accountant should be aware of?