ThomasM125
Employee Tax Expert

Retirement tax questions

Your pension income would be reported on a form 1099-R. If you had $30,000 on box 5(a) on your form 1040, that would normally mean that you had $30,000 in box 1 of the form 1099-R. The $10,000 in line 5(b) would represent your taxable amount of the distribution as reported in box 2(a) on your form 1099-R.

 

 

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