Verojay
Returning Member

Retirement tax questions

Hello: First off, thank you. 

Yes, I split up the lump sum, by three years. But it asks the question. if I received benefits in 2019 that were already reported on your 2019 tax return, there will be an amount in box 5 of your Form SSA-1099. It asks the same question for each year.

 

I received one 1099 for the back payments-with one amount in box 5. It’s the total for all backpay years totaled.  So, for each year-when it asks this question, do I enter the full/cumulative about? 

 

I owed on all the back payment years previously, because I had to pay taxes on my company disability. So, I’m 

assuming at that point I’ve paid the IRS on it. 

 

Finally, the money I reimbursed my insurance company for. Did I input it in the right place? The Claim of Right Payment (over $3,000)? I input the full amount, which included what they paid for my dependents. It doesn’t include nor mention the $6,000 lawyer fees. So I assume, it’s not reported separately? 

Again, I really appreciate your help.