Retirement tax questions

@denisesha500 

 

@SteamTrain had a good point.

 

The heading on your post has the word "Distributions" but later in the post you seem to be referring to money that was withheld for the retirement plan.   Which did you mean?  A "distribution" would be if you took money out of a retirement account.    When you retire and start receiving the pension you get a 1099R each year.    And...not sure why you mentioned 1989.  ???  

 

 If you were referring to money that was withheld from your teacher pay for the retirement plan, it was entered when you entered the boxes from your W-2----often from box 12, maybe from box 14.   So you don't enter it again anywhere else.

 

You asked if you can get a deduction---- are you referring to the Saver Credit?   You might get that---depending on your income.   It is a non-refundable credit.   It can reduce the amount of tax owed.

https://ttlc.intuit.com/turbotax-support/en-us/help-article/accounting-bookkeeping/2021-saver-credit...

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**