@Calql8r wrote:
Hello--
I am a 60-year-old retiree who has received a pension since 2016. This year, I have received two different 1099-R forms for some unknown reason. The 2a amounts add up to the total pension I have received every previous year. One form, containing higher share of my income, has a Distribution Code of 7, while the other form has a 2. When I try to list them separately, I get a question about Simplified Method or General Rule, neither of which I have heard of. My wife, who collects a pension from the same institution as me, received one 1099-R form, just like in previous years--only mine is split into two forms.
Some guidance would be appreciated.
You would have gotten the same question in 2019. How did you answer it then? You probably just use the box 2a amount as the taxable amount.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
