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March 29, 2025
Question

Do I need to enter lump sum money received from the Social Security Fairness Act on my 2024 taxes or 2025 as no breakdown for what is for 2024 and 2025?

  • March 29, 2025
  • 1 reply
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1 reply

March 29, 2025

It depends. You will enter only what is on your SSA-1099 and it's quite likely the Social Security Fairness Act portion will be on your 2025 Form SSA-1099. This will be handled next year and your statement will break it down if applicable.

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