Do I still need to answer yes to at least one lump-sum payment for 2018 or earlier- if it was over 10 years ago?

posted

Yes, if you want TurboTax to calculate the income tax based on that year's income. You'll need to enter some information from the tax return from 10 years ago so make sure you have your tax returns in front of you.

If you don't have your tax returns and you answer no, TurboTax will calculate the tax using the 2019 tax rate information.

If this is not Social Security income,

Are legal settlements taxable?
Where do I enter an award from a taxable legal settlement?

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My Retirement Payments Deduction for MA at the end doesn't match the number that i confirmed earlier in the MA return process. Has anyone had this problem?

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Do I still need to answer yes to at least one lump-sum payment for 2018 or earlier- if it was over 10 years ago?