Retirement tax questions

Your benefit should be reported as "Other Income" not subject to Social Security tax on your return.  

To enter your benefit on your return, follow the instructions below:

  • Choose the Federal return and the Wages & Income tab.
  • Scroll down to Less Common Income and Show more.
  • Choose Miscellaneous Income, 1099-A, 1099-C.
  • Choose Other Reportable Income and say Yes.
  • Even though the screen says "Do not enter income reported on Form 1099-MISC", this is where you will enter the description "1099-MISC for Union Benefit," the amount you received, and who received it, if necessary.

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