Hello,
Like another writer, I paid approximately $20K in after-tax salary to effectively credit 20 years of military service toward my civil service retirement annuity. Now receiving monthly civil service annuity payments, Turbotax asks me to report any after-tax contributions I made toward the annuity to determine what portion of my present annuity is taxable. First, for tax purposes, does the after-tax mil deposit I paid qualify as a "contribution" to this annuity? If so, what kind of record does the IRS require to substantiate it? Second, Turbotax asks me if this annuity "covers another individual:" upon my death, my spouse will continue to receive 50% of my annuity. (a survivor benefit which reduces my present annuity by 10%) In this sense, the annuity may eventually cover another individual if my spouse if she survives me. But I am unclear as to how to answer this question when Turbo tax presents it. Any (accurate) assistance would be appreciated!
