https://ttlc.intuit.com/community/retirement/discussion/in-block-3-of-of-my-ssa-1099-it-says-includes-money-paid-in-2014-and-2015-i-never-received-ssa-in/01/577446#M54211 Wed, 05 Jun 2019 22:02:40 GMT msrlbrown 2019-06-05T22:02:40Z https://ttlc.intuit.com/community/retirement/discussion/in-block-3-of-of-my-ssa-1099-it-says-includes-money-paid-in-2014-and-2015-i-never-received-ssa-in/01/577446#M54211 Wed, 05 Jun 2019 22:02:40 GMT https://ttlc.intuit.com/community/retirement/discussion/in-block-3-of-of-my-ssa-1099-it-says-includes-money-paid-in-2014-and-2015-i-never-received-ssa-in/01/577446#M54211 msrlbrown 2019-06-05T22:02:40Z https://ttlc.intuit.com/community/retirement/discussion/yes-it-must-be-accounted-for-in-1-of-2-ways-declare-th/01/577450#M54213 <P><B><I>Yes</I></B>. It must be accounted for in 1 of 2 ways.</P><OL> <LI>Declare the income on your 2016 tax return, and have the entire amount taxed according to your 2016 income tax return. Just enter the 1099-SSA as you see it, ignoring that some of the income relates to a prior year.</LI> <LI>Elect the<B><U> lump sum method</U></B>. By doing this, you are taxed on the 2014 and 2015 amounts <I>as if</I> the income was received and reported on the prior year tax returns. To choose this, you will need your 2014 and 2015 tax returns, as you will need to reference the numbers on them.</LI> </OL><P>Click on the link below for detailed instruction on reporting a lump sum:</P><P> <A href="https://ttlc.intuit.com/questions/3440981-my-ssa-1099-shows-lump-sum-for-2014-and-2015-tt-only-lets-me-enter-one-year-how-do-i-enter-this-info-in-tt-if-i-have-2-years-with-2-different-lump-sums-on-my-ssa-1099?jump_to=similar-questions" target="_blank">https://ttlc.intuit.com/questions/3440981-my-ssa-1099-shows-lump-sum-for-2014-and-2015-tt-only-lets-...</A> </P><P> <BR /> </P><P></P> Wed, 05 Jun 2019 22:02:41 GMT https://ttlc.intuit.com/community/retirement/discussion/yes-it-must-be-accounted-for-in-1-of-2-ways-declare-th/01/577450#M54213 ChristinaS 2019-06-05T22:02:41Z