SS 1099 Lump Sum
My form states “$ paid in 2025 for 2024” - is that a lump sum?
My form states “$ paid in 2025 for 2024” - is that a lump sum?
Expert Reviewed
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.
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