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Index/Topics/Taxable Income

Taxable Income

Determining which types of income are taxable, including Social Security benefits and other sources of income

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Jan 12, 2026
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How do Form 1099‑LTC and Form 8853 entries affect deductibility and IRS audits of long‑term care expenses?

Form 1099‑LTC is an information return insurers send to both taxpayers and the IRS that flags long‑term care (LTC) and accelerated death benefit payments; those amounts are generally reconciled on For...

Jan 20, 2026

What is the step‑by‑step calculation in IRS Publication 915 for determining taxable Social Security benefits?

Publication 915 lays out a deterministic worksheet method to decide how much — if any — of Social Security (or Tier 1 railroad) benefits are included in federal gross income: compute a provisional inc...