Chapter 9 Social Security and Equivalent Railroad Retirement Benefits

Question 1

Provisional Income

Answer 1

is a technical term used to describe the sum of modified adjusted gross income plus one-half of the Social Security benefits reported to the taxpayer on Form SSA-1099

Question 2

Railroad Retirement Benefits

Answer 2

retirement and disability annuities for qualified
railroad employees, spouse annuities for their wives or
husbands, and survivor benefits for the families of deceased
employees who were insured under the Act. These benefit
programs are administered by the U.S. Railroad Retirement
Board (RRB).