KrisD15
Employee Tax Expert

Get your taxes done using TurboTax

That would not be a Claim Of Right.

Claim of Right is the other way around. it's when you have to pay back funds.

 

What I think you want to do is enter the 1099 and answer Yes to a partial lump sum. 

Once this is stipulated, the program will help you determine if the 2024 tax on that part of the income (the amount attributed to 2024) is more advantageous for you than your 2025 tax rate. 

 

It can all be done in your 2025 Tax Year TurboTax program and regardless of which year tax rate is used, it is all reported on your 2025 return. 

 

 HERE is a link with more information.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"