abctax55
Level 15
10-11-2020
01:00 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
That's a LOT of social security.... is it for prior years?
And if the dependent received it, under their SSN, then it goes on THEIR return.
If it is for back years, you can 'average' a lump sum distribution (see link to a recent thread below) .... but if it is for the dependent, is any of it actually taxable?
HumanKind... Be Both