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tito52r5y
New Member

Does a lump sum need to be reported again if it was done on last years return?

does a social security lump sum need to be reported on this return if it was done on last years?
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1 Reply
rjs
Level 15
Level 15

Does a lump sum need to be reported again if it was done on last years return?

No, you do not report the lump-sum payment again. The question in TurboTax asks whether you received a lump-sum payment "in 2020." If you received a lump-sum payment in 2019, and not in 2020, you answer No.

 

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