Question regarding Box 3 on the Form SSA-1099

laurieso — Tue, 04 Jun 2019 21:12:59 GMT

on my form it has (* by the $ amount in box 3)-which says (* Includes: $ amount paid in 2016 for 2015). Do I need to put the $ amount for 2015 anywhere on the federal tax form?

Yes, you do need to enter information about the lump sum...

AnnetteB — Tue, 04 Jun 2019 21:13:00 GMT

Yes, you do need to enter information about the lump sum payment, then TurboTax will determine where or whether it should be reported. There will be a follow-up question after you enter your Social Security income that will ask if you received a lump sum payment where you will answer Yes and then follow the prompts.

For more information see the TurboTax article below.

https://ttlc.intuit.com/replies/4767454

topic Question regarding Box 3 on the Form SSA-1099 in Retirement tax questions

Question regarding Box 3 on the Form SSA-1099

Yes, you do need to enter information about the lump sum...