Do you have to count social security payment as income that you now have to pay back?

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1092971

2026-08-08 08:00

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If you pay it back in the same year you received it, no.

The taxable amount of benefits shown on your Form 1099-SSA will be automatically adjusted to account for repayments.

If you will pay it back in a later year, yes.

See page 15 of Publication 915 to see how to deal with repayments that exceed your benefits:

http://www.irs.gov/pub/irs-pdf/p915.pdf

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