DawnC
Expert Alumni

Retirement tax questions

A lump-sum payment is a one-time Social Security payment that you received for prior-year benefits. For example, when someone is granted disability benefits, they'll receive a lump sum to cover the entire time since they first applied for disability. This period could cover months or years.   @Nancjnsn 

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