Re: Do I have to claim a refund on a PERS account that was returned to me from an employer ?

Do I have to claim a refund on a PERS account that was returned to me from an employer ?

DO I have to claim the refund as earned income?

posted

It is possible that some of the distribution was taxable. It depends on the circumstances regarding the withdrawal. You should receive a 1099-R for the distribution, with the distribution code reported in box 7. Based on that code, TurboTax will help you determine if this was a taxable event.

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