Hi. My wife retired from the US Federal Courts. She has a pension which is paid to her every month (deposited in a savings account). Turbo Tax asks what she did with the money (moved to another retirement account, returned it to the same account, cashed it out, etc). The way this is answered leads to either a refund or a significant amount owed. This is confusing. Her monthly annuity payment from the OPM is essentially a paycheck, out of which federal and state taxes are taken out. As far as I know, she doesn't return it to the same account, cash it out, etc. It's just deposited in a savings account after taxes are taken out. How do I answer these questions? We shouldn't be paying a significant amount more of federal tax after we are already paying a significant amount of federal tax already. Thank you
