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New Member
posted Jun 6, 2019 9:01:53 AM

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

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1 Best answer
New Member
Jun 6, 2019 9:01:55 AM

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

1 Replies
New Member
Jun 6, 2019 9:01:55 AM

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