TaxT2021
Employee Tax Expert

Retirement tax questions

Hi Amy,

 

Nice speaking with you and I hope retirement finds you exhilarated!

 

To clarify your question:

  1. Your are retired
  2. Your receive monthly  USPS pension benefits
  3. You receive monthly income from your Thrift Savings Plan
  4. You receive monthly Social Security Benefits
  5. Lastly how are state state taxes withheld

Ok, many states do not tax or fully tax retirement benefits. 

 

Therefore, I recommend:

  1. Contact a TurboTax Live professional for a speedy, accurate answer.  
  2. Alternatively, contact your state's Department of Revenue 
    1. By phone
    2. Online (will be quicker)
  3. Lastly review your year-end retirement income statements
    1. 1099-R
    2. 1099-SSA

Thank you for inquiring Amy

 

All the best!

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"