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cjensen
New Member

I have a 1099 R that has a Gross amount for Box 1, but Box 2a, the taxable amount, says UNKNOWN. What is my taxable amount?

All of this Gross amount (in box 1) is from a CSRS pension annuity.
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1 Reply
AmyC
Expert Alumni

I have a 1099 R that has a Gross amount for Box 1, but Box 2a, the taxable amount, says UNKNOWN. What is my taxable amount?

The taxable portion is the difference between your box 1 income and your box 5 contributions.

 

Publication 721 (2024), Tax Guide to U.S. Civil Service Retirement Benefits states:

Part of the annuity benefits you receive is a tax-free recovery of your contributions to the CSRS or FERS. The rest of your annuity benefits are taxable.

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