- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How do i know if i got a lump sum payment from ssa and how do I report it on 1040 in turbo tax
Got $9000 for me and 4000 for my son total $13000. How so I report it?
Topics:
June 3, 2019
6:38 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
A lump sum payment would be shown in box 3 on your SSA-1099. If there is not a lump sum payment shown then answer the question being asked as NO.
You do not enter a dependent's Social Security benefits on your tax return. If the dependent has no other income then they do not report the benefits received on a tax return.
June 3, 2019
6:38 PM