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March 20, 2023
Question

In SSA-1099 form. do I subtract "*Includes" lump sums paid in 2 different past years, from the total in box 5?

  • March 20, 2023
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1 reply

DoninGA
Employee
March 20, 2023

No.  Enter the SSA-1099 as received.  After you enter the SSA-1099 there are follow up screens where you will be asked if you received a lump sum payment.  Answer Yes and follow the interview screens to report the lump sum.