- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
No. That form reports income to you and will increase your 2023 taxes. You need to take a credit (Claim of Right) to lower your taxes. Instructions are in that link, but basically you need to figure out how much your 2021 tax liability changed because of the reduced income and enter a subtraction on this year's return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 15, 2024
8:35 PM