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I had TRS (Teacher Retirement System) founds that I withdrew to buy a house. They taxed me on them. I wanted to know if I have to report them and under what?

 
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I had TRS (Teacher Retirement System) founds that I withdrew to buy a house. They taxed me on them. I wanted to know if I have to report them and under what?

You will receive a 1099R for the pension distribution.  They should send it to you in January/early February.

 

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.**

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