2442644
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How to file with pension income and earned income?

 I retired from TX TRS and started to receive pension income.  I continued working earning income  from other jobs.  How does this affect filing taxes.  

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

How to file with pension income and earned income?

Enter ALL of your income on the same tax return.   Enter your W-2 in Federal>Wages & Income

 

 

To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

How to file with pension income and earned income?

You will report your pension income on 1099-R and your self employment (assuming that you are self employed) income on Sch C. Your pension and net self employment income are taxed at your marginal tax rate but you will also pay self employment tax on your net self employment income. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question