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Maybe. If you receive retirement benefits in the form of pension or annuity payments from a qualified employer retirement plan, all or some portion of the amounts you receive may be taxable unless the payment is a qualified distribution from a designated Roth account.
However, it is not considered income for the Earned Income Tax Credit.
Yes. Do you have Social Security or some retirement income such as a pension, income from an IRA, 401k etc.?
Go to Federal> Wages & Income>>Retirement Plans and Social Security (SSA1099 and 1099RRB) to enter your SSA1099.
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.
Who has to file?
http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F
Yes, retirement income from pensions, IRA, annuities. social security {depending on other total income), investments, etc. are considered taxable income.
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