I was part of a downsizing exercise with my company in 2016. I received a lump severance and wish to know if this will count towards my minimal substantial earnings for 2017? Taxes were paid on this amount at a rate of 25%. Thank you for your advice.
Yes, if your severance pay was paid in 2017 and Social Security taxes were withheld from your payment(s), that amount will show up as 2017 earnings on your Social Security earnings history.