Social Security has this note at the bottom of their 1099s to me: "$XXX Paid in 2025 for 2024." What am I supposed to do with this note?

[xmasbaby0]

LUMP SUM PAYMENT FOR FAIRNESS ACT

Your 2025 SSA1099 will show the extra payment you received in 2025 as a result of the Fairness Act.  Look in the bottom left corner.   It will say something like “Includes $XXXX  Paid in 2025 for 2024.

When the software asks if you have a lump sum payment say yes.  The program will help to determine if is better for you to attribute the sum to 2024 or to 2025, based on your AGI for each of those years.   This will all be done within the 2025 program; you do not amend 2024.

https://www.irs.gov/faqs/social-security-income/back-payments/back-payments

[Lan Vu]

Thank you very much!  I entered the lump sum amount in Turbo Tax and the software did its magic!  I didn't have to do anything else! Thanks again for your helpful input!

Lan Vu

[Lan Vu]

Thank you for your helpful input!  I did what you said to do and the IRS and the State have both accepted my returns.  I did not have to do anything extra . Thanks again.