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Retirement tax questions
This is what I did:
On, the social security benefits, I entered the total amount from box 5 of SSA-1099-SM, which includes lump sums for 2017, 2018 and 2019.
I hit continue and entered the lump sumps received for those years; 2017, 2018 and 2019. But that doesn’t change the Federal Tax Due.
Even if I omit those lump sums, the tax due stays the same and so does the gross income. So what's the point of entering those lump sums. Am I doing something wrong?
By the way, what about amount paid to attorney?
February 9, 2021
9:54 AM