JulieS
Expert Alumni

Retirement tax questions

A defined benefit plan is a pension plan. From a tax point of view, it is the same as a traditional pension plan, just the way the plan determines the amount paid out is different. 

 

I am not certain to which dropdown you are referring. DianeW777 clearly assumed it was the dropdown for box 7.  

 

If this doesn't answer your question, please clarify your question with more details about the choices you see in TurboTax. Is this question in your state section? Which state are you filing?

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