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Tax Time, Lump Sum Back Benefits Recieved - How to Save on Your Taxes!
2 years ago
10
If you received a Back Benefits check from Social Security on your SSD claim that you prevailed on (congratulations!) during the tax year, you need to address it at tax time. But, if you don't know of a particular IRS provision, you will LIKELY be paying far more in taxes than you would otherwises. Take a watch/listen and make sure your tax preparer is in the know.
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