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                                                                                                     Department of the Treasury
Notice 703                                                                                           Internal Revenue Service
(Rev. October 2023)

Read This To See if Your Social Security Benefits May Be Taxable
If your social security and/or SSI       taxable for 2023. Fill in lines A                           •  You exclude income from 
(supplemental security income)           through E.                                                     sources outside the United 
benefits were your only source of                                                                       States or foreign housing, 
income for 2023, you probably will           Do not use the worksheet below                             income earned by bona fide 
not have to file a federal income tax    if any of the following apply to you;                          residents of American Samoa or 
return. See IRS Pub. 501,                instead, go directly to IRS Pub. 915,                          Puerto Rico, interest income 
Dependents, Standard Deduction,          Social Security and Equivalent                                 from series EE or I U.S. savings 
and Filing Information, or your tax      Railroad Retirement Benefits.                                  bonds issued after 1989, or 
return instructions to find out if you     •   You received Form RRB-1099,                              employer-provided adoption 
have to file a return.                         Form SSA-1042S, or                                       benefits.
We developed this worksheet for                Form RRB-1042S.
you to see if your benefits may be 
Note. If you plan to file a joint income tax return, include your spouse's amounts, if any, on lines A, C, and D.
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .    A.  
B. Multiply line A by 50% (0.50). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B. 
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .       C. 
D. Enter any tax-exempt interest, such as interest on municipal bonds. . . . . . . . . . . . . . . . . .                  D. 
E. Add lines B, C, and D, and enter the total here. Then, read the information below. . . . . .                           E.
Part of your social security                 If none of your benefits are                          Railroad Retirement Benefits, for 
benefits may be taxable if, for 2023,    taxable, but you must otherwise file                      rules on a lump-sum election you 
item 1, 2, or 3 below applies to you.    a tax return, do the following.                           can make that may reduce the 
1. You were single, a head of              •   Enter the total amount from                         amount of your taxable benefits.
household, or a qualifying surviving           line A above on Form 1040 or 
spouse and line E above is more                1040-SR, line 6a, and enter -0-                     Get More Information 
than $25,000.                                  on Form 1040 or 1040-SR,                            From the IRS
2. You were married, would file                line 6b.
jointly, and line E above is more          •   If you were married, file                           If you still have questions about 
than $32,000.                                  separately, and lived apart                         whether your social security benefits 
3. You were married, would file                from your spouse for all of                         are taxable, see IRS Pub. 915 or 
separately, and line E above is more           2023, enter “D” to the right of                     your 2023 federal income tax return 
than zero (more than $25,000 if you            the word “benefits” on                              instructions, or visit
lived apart from your spouse for all           Form 1040 or 1040-SR, line 6a.                      www.irs.gov/SSB.
of 2023).
                                         Note.     If your figures show that part                     Go to www.irs.gov/Forms to 
If your figures show that part of        of your benefits may be taxable and                       view, download, or print all of the 
your benefits may be taxable, see        you received benefits in 2023 that                        forms and publications you may 
IRS Pub. 915 and Social Security         were for a prior year, see IRS Pub.                       need.
Benefits in your 2023 federal            915, Social Security and Equivalent 
income tax return instructions.

              Do not return this notice to the SSA or the IRS. Keep it with your records.

IRS.gov                                                                                                                 Catalog No. 61879N