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Retirement tax questions
Yes, you do need to enter information about the lump sum payment, then TurboTax will determine where or whether it should be reported. There will be a follow-up question after you enter your Social Security income that will ask if you received a lump sum payment where you will answer Yes and then follow the prompts.
For more information see the TurboTax article below.
https://ttlc.intuit.com/replies/4767454
‎June 4, 2019
2:13 PM