topic How do I enter a lump sum disability payment that goes back 3 years? in Retirement tax questions

How do I enter a lump sum disability payment that goes back 3 years?

luv2coach — Wed, 14 Aug 2019 10:29:09 GMT

Re: How do I enter a lump sum disability payment that goes back 3 years?

Kat — Mon, 23 Sep 2019 02:38:27 GMT

You'll enter income (regardless of the time frame it covers) in the year in which the payment was received. If you received a lump sum disability payment in 2018, that income will be entered in your 2018 return. Any taxes owed will be due in the year in which the payment was received.

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Re: How do I enter a lump sum disability payment that goes back 3 years?

Critter — Mon, 23 Sep 2019 16:31:56 GMT

Is this reported on an SSA-1099 form ? https://ttlc.intuit.com/community/retirement/help/what-is-a-lump-sum-social-security-payment/00/26526

Re: How do I enter a lump sum disability payment that goes back 3 years?

Carl — Tue, 24 Sep 2019 01:57:26 GMT

Who paid you the disability pay? If it was the military veterans administration, then you won't receive any type of tax reporting document for it, and it's not reportable on any tax return.