Hi, do i have to claim my pension as an assett on a 982 form?

[LeeM · Accepted solution]

You only have to claim the interest in your pension plan(s). You can get this information from your pension administrator.

This link to IRS Form 4681 https://www.irs.gov/pub/irs-pdf/p4681.pdf (link opens PDF) includes an insolvency worksheet on page 8, which lists the assets you need to value and will help you with your calculation. These include:

• Interest in pension plan(s)
• Bank account balances (include cash)
• Real property
• Cars and other vehicles
• Computers
• Household goods and furnishings, such as appliances, electronics, and furniture
• Tools
• Jewelry
• Clothing
• Books
• Stocks and bonds
• Investments in collectibles (coins, stamps, etc.)
• Firearms, sports, photographic, or any other hobby equipment
• Retirement accounts
• Interest in education accounts
• Cash value of life insurance
• Security deposits with landlords, utilities, etc.
• Interests in partnerships
• Value of investment in a business
• Other investments
• Other assets -- anything you own that has significant resale value should be included