Somerset1962
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Dawn, are you sure that is the right answer. Aren’t we taxed on the income when it is received not when it is earned? These retroactive payments went out to ove...
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I did too but the income was given to you in 2025. It will appear on your SSA-1099 for 2025. I see no need to amend your 2024 return. The amount is retroactive ...
Activity Feed for Somerset1962
- Got Cheered for Re: I already filed my 2024 return. I just received a retroactive lump sum due to the Social Security Fairness Act. How do I handle this and can Turbo Tax help?. March 26, 2025 4:53 PM
- Cheered Re: Took All RMD’s from one IRA for DavidD66. March 25, 2025 11:26 PM
- Posted Re: I already filed my 2024 return. I just received a retroactive lump sum due to the Social Secu... on Retirement tax questions. March 25, 2025 11:23 PM
- Posted Re: I already filed my 2024 return. I just received a retroactive lump sum due to the Social Security Fairness Act. How do I handle this and can Turbo Tax help? on Retirement tax questions. March 25, 2025 7:13 PM
- Posted Took All RMD’s from one IRA on Retirement tax questions. March 25, 2025 7:09 PM