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July 9, 2020
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When you have a lump sum covering two previous years plus the current year 2019 do you enter the total from Box 5 of your 2019 SSA-1099 or only the 2019 portion?

  • July 9, 2020
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Best answer by DoninGA

You enter the amount that is in box 5 of the SSA-1099.  The TurboTax program will ask if you received a Lump Sum payment.  Indicating Yes will take you through interview section to allocate the lump sum payment.

1 reply

DoninGA
DoninGAAnswer
Employee
July 9, 2020

You enter the amount that is in box 5 of the SSA-1099.  The TurboTax program will ask if you received a Lump Sum payment.  Indicating Yes will take you through interview section to allocate the lump sum payment.