IdahoMtnSpyder, or any Railroad Retirees regarding taxable social security benefits.

[wyliec]

For my Federal Tax form I filled out the Social Security Benefits Worksheet to see what part of my S.S. is taxable. Long story short, instead of the $861 I calculated as my IRS refund, the IRS said I made an error and refunded me $2775. The reason they gave was there was an error in my computation (taxable S.S. benefits), and suggested I read Publication 915, Social Security and Equivalent Railroad Retirement Benefits. I have never been employed by the railroad. Isn't that Publication 915 only for former railroad workers when calculating taxable S.S. benefits?

Thanks

[JayBros]

The publication is exactly as the title states. Part of retired railroad workers benefits, Tier 1, are called Social Security Equivalent Benefits, i.e., are the equivalent amounts if a railroad worker was drawing Social Security. Both Soc. Sec. and RRB benefits are included in one pub.