MargaretL- i was hoping you could provide a follow up to this answer. I am concerned with the Turbo Tax the Turbo Tax interface questioning regarding my OPM disability retirement form.
As a disabled retiree under the stated minimum retirement age (MRA) of 57 and 10 months, I believe that I fall under part III of IRS publication 721. Which states: "you mush report all your disability annuity payments received before minimum retirement age on Form 1040 ... Line 1(page 19)." The Publication also stated on page 18 that the payments are treated as "wages" until i meet the MRA.
The issue that i am having by leaving box 2a blank, answering the questions and using the simplified method; i am paying "no tax" on me annuity, this does not seem logical. Moreover if the distributions are treated as wages i should not have to complete the simplified method until i meet my MRA. am i using Turbo Tax incorrectly?
Any input would be wonderful.
V/r
Green
