DaveF1006
Expert Alumni

Retirement tax questions

Does the letter report the deductions for both social security and Medicare? if so, you can report this in Boxes 4 & 6 of the W2. Hopefully the letter will have a breakdown for both. if it is one FICA amount, you may need to contact the fund manager for the breakdown.

 

This should have been reported on a 1099-R.

 

 

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