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Level 1
posted Apr 3, 2024 6:35:28 PM

Can entering a 1099-R be simplified to avoid a difficult to answer distribution source question for thousands TSP Hawaii tax payers receiving RMD from the TSP?

Select the source of this distribution and enter any other Hawaii information. Learn more

I had to select "Government, military or other qualified pension where employees don’t contribute" or "None of the above".
Is it asking if I did not have to invest funds into this IRA?

0 1 4065
1 Replies
Expert Alumni
Apr 4, 2024 1:40:00 PM

It depends on how your TSP plan is structured.  If it is a Roth TSP, you would answer none of the above. A Roth TSP is one where you actually contribute to the plan with after tax dollars so this means that you invested in the plan.

 

If it is a regular Tax-Deferred TSP, then you would answer that question  "Government, military or other qualified pension where employees don’t contribute"