https://ttlc.intuit.com/community/taxes/discussion/pto-payout/01/3365430#M1241744 <P>I’m retiring 1/25. Should I use my PTO over the remaining year or take the lump sum payout in 2025?</P> Wed, 11 Feb 2026 09:32:17 GMT JN28 2026-02-11T09:32:17Z https://ttlc.intuit.com/community/taxes/discussion/pto-payout/01/3365430#M1241744 <P>I’m retiring 1/25. Should I use my PTO over the remaining year or take the lump sum payout in 2025?</P> Wed, 11 Feb 2026 09:32:17 GMT https://ttlc.intuit.com/community/taxes/discussion/pto-payout/01/3365430#M1241744 JN28 2026-02-11T09:32:17Z https://ttlc.intuit.com/community/taxes/discussion/re-pto-payout/01/3365439#M1241745 <P>Congratulations!&nbsp; If you choose to take the PTO in 2024, the income will be reported on your 2024 W2.&nbsp; If you take the lump sum payout in 2025, the income will be reported on your 2025 W2.&nbsp; Depending on the total PTO and your other taxable income, you may want to spread it between both tax years.</P> Wed, 29 May 2024 20:18:49 GMT https://ttlc.intuit.com/community/taxes/discussion/re-pto-payout/01/3365439#M1241745 Jennifer_A 2024-05-29T20:18:49Z