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BPav
Level 1

Lump Sum Social Security payments for prior year...What adjustments in 2024?

After entering the information for our 2025 Social Security lump sum payment (Windfall elimination) for the prior 2024 year, the Turbotax program asks: "Did you have any adjustments in 2024?"

 

My question is: Does this adjustment refer to my 2024 1040-SR, line 10 (Adjustments to income from Schedule 1, line 26)?

I ask because that topic is not one of those topics listed in the "Enter any of the following adjustments on your return in 2024. These are not common." and then it lists 7 types of adjustments.

If it does refer to 1040-SR, line 10 adjustment amount (or Schedule 1 adjustments to income), why not just say that?

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1 Best answer

Accepted Solutions
AnnetteB6
Employee Tax Expert

Lump Sum Social Security payments for prior year...What adjustments in 2024?

No, the question is not asking about the total of adjustments to income from Schedule 1 line 26.  

 

It is specifically asking only about the seven items listed on the screen.  If you had any of those specific adjustments on your 2024 tax return, then enter those only.

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1 Reply
AnnetteB6
Employee Tax Expert

Lump Sum Social Security payments for prior year...What adjustments in 2024?

No, the question is not asking about the total of adjustments to income from Schedule 1 line 26.  

 

It is specifically asking only about the seven items listed on the screen.  If you had any of those specific adjustments on your 2024 tax return, then enter those only.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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