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What is my employment status if I received a severance payment in 2022 but didn't work?
I also received a retiring allowance.
April 20, 2023
10:18 AM
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Getting started
Click on My Info in the left menu then on the screen: what happened for you in 2022? you say NO that you didn't work. Then where it asks: did you have other income not yet mentioned, such as: scholastic, foreign, disability, alimony, child support, death benefits, or Canada workers benefit payments? answer YES and check: I received other income not included anywhere else as this OTHER INCOME includes:
- retiring allowances (severance pay)
- lump-sum payments
From here enter your information as the software interview guides you.
Thank you for choosing TurboTax.
April 25, 2023
10:02 AM