Under the SSA-1099 section I have an asterisk in box 3. do I deduct the payment it says I paid in 2021 from this amount before I put in box 5?

[sbonduke]

Do I deduct the asterisk amount in box 3 on my SSA-1099 before I put an amount in box 5 on my schedule?

[JohnB5677]

Sometimes an asterisk (*) may appear after the amount shown. This indicates that retroactive payments for earlier years have been included in the total

Some taxpayers may have received a lump-sum benefit payment. This payment could be for the current tax year and for prior tax years. Box 3 of the taxpayer's Form SSA-1099 will include the lump-sum payment. The form will also show the year, or years, of the payment.