turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cmrz1048
New Member

Lump sum social security

During final review,  Was told there was a problem with prior year Soc Sec. and said I needed to enter a value in 1040, line 6.  When I enter the value from the worksheet, it keeps showing up as an area to be checked and provides and amount that should be there.  When I change the amount, it again shows a problem and has a different value.  

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
ThomasM125
Employee Tax Expert

Lump sum social security

I suggest you go back through the lump-sum payment screen entries in the Social Security section under Retirement Plans and Social Security in the Wages and Income area of TurboTax. Look for a screen that says Review your Lump Sum Payment Information and make sure you answered all the questions in that section correctly.

 

If that does not resolve your issue, use the delete option on the screen that says Review your Lump Sum Payment Information to delete the lump sum payment entries. Then, check to see if you still have an error. Then you can re-enter the lump sum payment entries, making sure you answer the questions accurately.

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question