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 Form 915 Worksheet for 2018

Publication 915 Worksheet Printable 2018-2024 Form

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Instructions and help about pub 915 2017

Hello in this video I will show you how to calculate the taxable portion of your social security so of your social security benefit, and then I will show you how to use this simple calculator that I created that will do the calculation for you so to begin let's go over how you would do it by hand so the first thing you have to do is calculate your what's called a provision no income and the provisional income is the provisional incomes actually pretty complicated this is what's made up of the provisional income, so it's your AGI, and then you would have to add in income you earn from Puerto Rico and come here from American Samoa income that you earn while Lea living abroad you have to add back in the higher educational expenses this and that so for the majority of people none of these will apply, but a very common one is the tax-exempt interest, so your provisional income is your AGI plus tax-exempt interest plus one-half of your social security benefit and then using that provisional

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