Do I need to enter lump sum money received from the Social Security Fairness Act on my 2024 taxes or 2025 as no breakdown for what is for 2024 and 2025?

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It depends. You will enter only what is on your SSA-1099 and it's quite likely the Social Security Fairness Act portion will be on your 2025 Form SSA-1099. This will be handled next year and your statement will break it down if applicable.

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I already filed my 2024 return. I just received a retroactive lump sum due to the Social Security Fairness Act. How do I handle this and can Turbo Tax help?

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Do I need to enter lump sum money received from the Social Security Fairness Act on my 2024 taxes or 2025 as no breakdown for what is for 2024 and 2025?

Do I need to enter lump sum money received from the Social Security Fairness Act on my 2024 taxes or 2025 as no breakdown for what is for 2024 and 2025?

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Do I need to enter lump sum money received from the Social Security Fairness Act on my 2024 taxes or 2025 as no breakdown for what is for 2024 and 2025?

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Do I need to enter lump sum money received from the Social Security Fairness Act on my 2024 taxes or 2025 as no breakdown for what is for 2024 and 2025?

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