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Returning Member
posted Jan 8, 2026 3:06:21 PM

SS Lump Sum Disability Payment

I was approved for disability October 2025.  I also received a Lump sum payment that covers benefits for 2022 2023, & 2024.  When I enter my 1095-A form information into TurboTax my Payment that I owe the IRA goes up to $250000.  Our income for 2025 is $85000, between my husbands and my SS benefits, and that includes a check of a lumpsum of $40000.  Can you let me know what I'm not filing out correctly.

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1 Replies
Level 15
Jan 8, 2026 5:11:52 PM

@kagriffis1960 wrote:

goes up to $250000.  

 

You mean $25,000, right?

 

Unfortunately, that very well could be correct.  With that lump-sum payment, your income increased drastically so your health insurance credit is much lower.  If you received a large Advance payment (column C of the 1095-A), you likely need to repay most or all of that back due to your high income.