https://ttlc.intuit.com/community/taxes/discussion/2024-social-security-lump-sum-payment-received-in-january-2025-can-i-include-that-amount-as-income/01/3706838#M1371538 <P>I started collecting Social Security in January 2025, effective November 1, 2024. I am now preparing my 2024 federal tax return. Can/should I include this lump sum amount as income on my 2024 tax return?</P> Mon, 13 Oct 2025 23:57:26 GMT goldenlacey12 2025-10-13T23:57:26Z https://ttlc.intuit.com/community/taxes/discussion/2024-social-security-lump-sum-payment-received-in-january-2025-can-i-include-that-amount-as-income/01/3706838#M1371538 <P>I started collecting Social Security in January 2025, effective November 1, 2024. I am now preparing my 2024 federal tax return. Can/should I include this lump sum amount as income on my 2024 tax return?</P> Mon, 13 Oct 2025 23:57:26 GMT https://ttlc.intuit.com/community/taxes/discussion/2024-social-security-lump-sum-payment-received-in-january-2025-can-i-include-that-amount-as-income/01/3706838#M1371538 goldenlacey12 2025-10-13T23:57:26Z https://ttlc.intuit.com/community/taxes/discussion/re-2024-social-security-lump-sum-payment-received-in-january-2025-can-i-include-that-amount-as/01/3706842#M1371541 <P>No. &nbsp;Only income received in 2024 goes on a 2024 tax return. &nbsp; In January you will receive a SSA1099 from Social Security which you will enter on your 2025 tax return -- the one you will file in early 2026.</P> Tue, 14 Oct 2025 00:13:16 GMT https://ttlc.intuit.com/community/taxes/discussion/re-2024-social-security-lump-sum-payment-received-in-january-2025-can-i-include-that-amount-as/01/3706842#M1371541 xmasbaby0 2025-10-14T00:13:16Z