Question: s the statement correct regarding lump-sum back payment for social security benefit?Taxpayer received 21/2 years of SSDI (disability income) back pay in one lump sum
s the statement correct regarding lump-sum back payment for social security benefit?Taxpayer received 21/2 years of SSDI (disability income) back pay in one lump sum in 2024. Taxpayer also has other income of $45,000. Taxpayer does not have to include any of the Lum-sum payments in income for 2024 because SSDI is not taxable income
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