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I do not understand what lump-sum payments mean. it asked us that we did or did not receive lump sum payments in 2017. Does that mean we paid $$ to IRS in 2017?
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I do not understand what lump-sum payments mean. it asked us that we did or did not receive lump sum payments in 2017. Does that mean we paid $$ to IRS in 2017?
Lump sum payments question is related to retirement distrbutions.
The two choices generally are:
monthly checks
or a lump sum (cashing it all on).
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I do not understand what lump-sum payments mean. it asked us that we did or did not receive lump sum payments in 2017. Does that mean we paid $$ to IRS in 2017?
I still have SSDI benefits. So I am supposed to say yes I receive lump sump social security payments, right?
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I do not understand what lump-sum payments mean. it asked us that we did or did not receive lump sum payments in 2017. Does that mean we paid $$ to IRS in 2017?
do you get monthly payments? If so, then you would answer No to lump sum, unless you were paid a lump sum for back amounts.
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I do not understand what lump-sum payments mean. it asked us that we did or did not receive lump sum payments in 2017. Does that mean we paid $$ to IRS in 2017?
I have another question. We cannot afford to pay the full amount of owe to state and federal. Can we make monthly payment installments to both?
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I do not understand what lump-sum payments mean. it asked us that we did or did not receive lump sum payments in 2017. Does that mean we paid $$ to IRS in 2017?
Yes, but #1 file timely and #2 pay what you can with the returns, and then when you get a bill you can call them or hopefully pay it all off.