My wife got ss money for disablity for years 2013-2015 and was listed on 2016 taxes. It was reported on ssa-1099 as in box 5 as a total sum, do I need to o anything diffe

ncflyboy1 — Tue, 04 Jun 2019 01:23:36 GMT

Yes, you do need to do something different. Enter the to...

HelenaC — Tue, 04 Jun 2019 01:23:38 GMT

Yes, you do need to do something different.

Enter the total in 2016. While your lump sum may include benefit payments for more than one year, you do not have to file an amended tax return for any prior year. You might need to pay taxes on a small portion of your lump-sum payment. However, you might be able to avoid these taxes by apportioning prior year benefits to those previous years’ income (still without filing any amended returns).

See the screenshots below. Note: You will have to do this for each year. I am just showing you an example of one year.

After you enter your lump-sum Social Security payment information, TurboTax will automatically figure what if any taxes you owe due to the lump-sum payment.

After you enter your SSA-1099 information, answer Yes that you received a lump sum payment for prior year(s) and follow the onscreen instructions. Your SSA-1099 lump-sum section breaks down the payments into what amount was received for each preceding year. You can only enter one year at a time; when finished, click Add Another Lump Sum if you need to enter benefits received for a different tax year.

To enter your SSA-1099 form:

1. Open your tax return in TurboTax online.

(To do this, sign in to TurboTax, see your Tax Timeline, and click ‘Take me to my return.’)

2. Using the Search feature in the upper right corner of the screen, enter SSA-1099 and perform the search. Then click on Jump to SSA-1099, which is the first item in the search results.

3. Select Yes, let's work on Social Security benefits and click Continue.

4. Check the first box, Form SSA-1099.

5. Enter the amounts for yourself and your jointly-filing spouse, if they received an SSA-1099 also.

SSA-1099s for children and other dependents are not reported on your return. They should report it on their own return, but only if they're required to file a return for some other reason (this is uncommon).

6. Click Continue.

TurboTax will automatically calculate what portion, if any, of your Social Security benefits are taxable.

topic My wife got ss money for disablity for years 2013-2015 and was listed on 2016 taxes. It was reported on ssa-1099 as in box 5 as a total sum, do I need to o anything diffe in Retirement tax questions

My wife got ss money for disablity for years 2013-2015 and was listed on 2016 taxes. It was reported on ssa-1099 as in box 5 as a total sum, do I need to o anything diffe

Yes, you do need to do something different. Enter the to...