Question regarding Box 3 on the Form SSA-1099

[laurieso]

on my form it has (* by the $ amount in box 3)-which says (* Includes: $ amount paid in 2016 for 2015). Do I need to put the $ amount for 2015 anywhere on the federal tax form?

[AnnetteB · Accepted solution]

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