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Retirement tax questions
Should I enter the full amount of the UK pension reported as social security receipts, or only the (lesser) amount that actually flows througth to taxable SS income reported as part of AGI. In other words, should the net effect be zero impact on taxable income?
I don't undertand the comment about line 21. When I enter the negative number as “miscelleneous income” in Turbo Tax it appears on line 7a on Form 1040.
Thanks for your help!!
February 3, 2020
5:12 PM