Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
pd180
New Member

I received back pay in the 2023 tax year. My pay increased but I did not receive the payment until 2023. How do I report the lump sum payment on my 2023 tax return?

 
3 Replies

I received back pay in the 2023 tax year. My pay increased but I did not receive the payment until 2023. How do I report the lump sum payment on my 2023 tax return?

Are you using TurboTax CD/Download or TurboTax Online? Did you receive a slip for this lump sum?

pd180
New Member

I received back pay in the 2023 tax year. My pay increased but I did not receive the payment until 2023. How do I report the lump sum payment on my 2023 tax return?

I'm using the online version. And no slip but it has it accounted for in box 40 on my T4.

I received back pay in the 2023 tax year. My pay increased but I did not receive the payment until 2023. How do I report the lump sum payment on my 2023 tax return?

If it's already on your t-slip then there's no need to enter it anywhere else.