- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
You'll need to know how much of your pension represents after-tax contributions. This is usually reported in box 9b of the 1099-R (total employee contribution). With this information, you can calculate the taxable portion of your pension using the Simplified Method.
The Simplified Method uses your after tax contributions (your cost) and a life expectancy table to determine how much each of your expected payments would be taxable.
‎February 24, 2025
5:57 AM