My form states “$ paid in 2025 for 2024” - is that a lump sum?
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Yes, that is a lump sum Social Security payment. It is a payment received in one tax year that is paid for a previous tax year.
Follow the instructions in the TurboTax help article for guidance to enter this into your tax return.
What is a lump-sum Social Security payment?
Yes, that is a lump sum Social Security payment. It is a payment received in one tax year that is paid for a previous tax year.
Follow the instructions in the TurboTax help article for guidance to enter this into your tax return.
What is a lump-sum Social Security payment?
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