Form SSA-1099-SM: Social Security Benefit Statement

Box 1, Name, shows the name of the person for whom SSA paid benefits.

Box 2, Social Security Number, shows the Social Security number of the person shown in Box 1, if SSA has the number.

Box 3, Benefits Paid in 2023, shows the total amount of Social Security SSA paid you in 2023.

This amount may not agree with the payments you actually received in 2023, because it may include money SSA withheld for deductions such as Medicare Part B (medical insurance) premiums. It may also include Medicare Advantage or prescription drug coverage premiums you requested to be withheld from your benefits. It may also include any income-related monthly adjustment amount you are required to pay for Part B or prescription drug coverage.

It may also leave out some payments that are not taxed by the IRS. All items that apply to you are listed in the Description of Amount in Box 3.

Any payments SSA made to you in 2023 for earlier years are shown in a separate column.

If you have a Treasury Benefit Payment Offset, Garnishment and/or Tax Levy amount shown and need to know what type of offset is involved, contact SSA at 1-800-772-1213 for an explanation. If you have a tax debt question, call IRS at 1-800-829-1040.

Box 4, Benefits Repaid to SSA in 2023, shows the total amount of benefits you repaid SSA in 2023. SSA shows items that apply to you in the column headed Description of Amount in Box 4.

Box 5, Net Benefits for 2023, shows the amount in Box 3 minus the amount in Box 4. An amount in parentheses is a negative amount. Enter this amount on line A of IRS Notice 703 to see if any of your Social Security benefits are taxable.

Part of your Social Security benefits shown in Box 5 may be taxable income.

Box 6, Voluntary Federal Income Tax Withheld, shows the total amount of benefits you voluntarily withheld and paid for Federal income tax. Include this amount on your income tax return as tax withheld.

Box 7 is the Address. Box 8 is the Claim Number: use this number if you need to contact SSA.

If you have any questions about the amounts on this form, call Social Security at 1-800-772-1213 or visit any Social Security office. Please have this form with you. Please use the claim number shown in Box 8 if you contact SSA.

Do not use the worksheet if you received Form RRB-1099, Form SSA-1042S, or Form RRB-1042S; instead, go directly to IRS Pub. 915, Social Security and Equivalent Railroad Retirement Benefits.

Do not use the worksheet if you exclude income from sources outside the United States or foreign housing, income earned by bona fide residents of American Samoa or Puerto Rico, interest income from series EE or I U.S. savings bonds issued after 1989, or employer-provided adoption benefits; instead, go directly to IRS Pub. 915.

On Notice 703, fill in lines A through E.

If you plan to file a joint income tax return, include your spouse's amounts, if any, on lines A, C, and D.

Line A: Enter the total amount from box 5 of ALL your 2023 Forms SSA-1099. Include the full amount of any lump-sum benefit payments received in 2023, for 2023 and earlier years.

Line B: Multiply line A by 50% (0.50).

Line C: Enter your total income that is taxable (excluding line A), such as pensions, wages, interest, ordinary dividends, and capital gain distributions. Do not reduce your income by any deductions, exclusions, or exemptions.

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

Line E: Add lines B, C, and D, and enter the total on line E.

Part of your social security benefits may be taxable if, for 2023, item 1, 2, or 3 listed here applies to you.

You were single, a head of household, or a qualifying surviving spouse and line E above is more than $25,000.

You were married, would file jointly, and line E above is more than $32,000.

You were married, would file separately, and line E above is more than zero (more than $25,000 if you lived apart from your spouse for all of 2023).

If you do not receive public assistance and you do not owe taxes on your Social Security benefits, you may ignore this form.

Enter the total amount from line A on Form 1040 or 1040-SR, line 6a, and enter -0- on Form 1040 or 1040-SR, line 6b.

If you were married, file separately, and lived apart from your spouse for all of 2023, enter “D” to the right of the word “benefits” on Form 1040 or 1040-SR, line 6a.

Form SSA-1099-SM, the Social Security Benefit Statement, shows the Social Security benefits received or repaid in 2023. Your 2023 Social Security Benefit Statement is on the back of this form.

If your figures show that part of your benefits may be taxable, see IRS Pub. 915 and Social Security Benefits in your 2023 federal income tax return instructions.

If your social security and/or SSI (supplemental security income) benefits were your only source of income for 2023, you probably will not have to file a federal income tax return. See IRS Pub. 501, Dependents, Standard Deduction, and Filing Information, or your tax return instructions to find out if you have to file a return.

SSA also is sending this benefit information to the IRS.

Do not return this form to SSA or the IRS. Do not attach it to your income tax return. Keep the original for your records.