Lump Sums

[James1973]

I am getting a lump sum payment instead of a raise this year. Is there a way that this can be taxed as income instead of a Bonus?

[xmasbaby0]

Your income is your income, and it will be taxed at your tax rate.  The employer may withhold a little more from a bonus or lump sum when they pay you, but you are not ultimately going to be taxed more.  You will enter the amounts from your W-2 and the software will calculate your refund or tax due at the correct tax rate for the total amount of income you received.