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.

opa21
New Member

i have no idea how much of my retirement pay was nontaxable for each year. It is always the amount after the health benefits plan charges were taken out. What should I do

It's never come up before and I have been retired 18 years so I don't have any idea and no way to find more than a couple of years.
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

i have no idea how much of my retirement pay was nontaxable for each year. It is always the amount after the health benefits plan charges were taken out. What should I do

If you have no exclusion under the General Rule, then your pension is 100% taxable, which seems to have been the case for the last 18 years. See IRS Pub 939 for more information that may save you some income tax.

 

@opa21 

i have no idea how much of my retirement pay was nontaxable for each year. It is always the amount after the health benefits plan charges were taken out. What should I do

You will need to explain more.  Why do you think your income is tax exempt?  And why do you need to know your past information now?  

 

Social security is non-taxable if it is your only income, but is partly taxable if you have other income.  Clergy pensions can be excluded if they are a designated housing allowance.  Some states may give exemptions for retirement benefits.  But we need to know a lot more to understand your question. 

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