Tax ? turbo tax entering childs Soc Sec payment

[disneymarie]

Husband retired 2010 and we receive benefits for our child.
I do not see where to enter this amount...or does it not count as taxable income?

I know I procrastinated, thought we would have to pay in or break even because of taking a 401K distribution to pay property taxes.

When I transfer and put new income numbers nothing is prompting for her portion of payments from the SSA-1099.

Would I combine it with the husbands?

 

[allyphoe]

It's your child's money, not yours. It doesn't go on your tax return.

It's possible, although unlikely, that it would be taxable on the child's return.

 

[bjscheel]

At work we do some returns for kids that are getting SS benefits because their dad died. They owe tax, but it is because they have interest income. There is no tax on their SS. It is not taxable on your return.

 

[Cheshire Figment]

Check the SSAN on the Social Security Form. If the number is the child's, technically the child should file a tax return but unless there is something extremely unusual their should be no tax.

Mike (CPA Retired)