Re: Client received lump sum SSDI in June 2020, for June 19 - May 20). Should 19 portion be included in 19 return (no SSA1099 for 2019?

AndyG · ‎07-08-2020

I think the other option is to file an amended return when SSA 1099 for 2020 is received?

Just-Lisa-Now- · ‎07-08-2020

No, you'll be able to use the SS Lump Sum worksheet in the 2020 program to accommodate this, you wouldnt input any of this for the 2019 return.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

BobKamman · ‎07-08-2020

If they are receiving an ACA premium tax credit for 2020, remind them that it might need to be recalculated because of the higher income -- even if for tax computation purposes, some of it is based on 2019.

Client received lump sum SSDI in June 2020, for June 19 - May 20). Should 19 portion be included in 19 return (no SSA1099 for 2019?

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