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New Member
posted Jun 1, 2019 2:37:51 PM

Line 5b should contain the taxable amount of your pension. Correct?

Why is line 5b on form 1040 bigger than my pension? Isn't it supposed to be the taxable amount?

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Level 15
Jun 1, 2019 2:37:57 PM

Lines 5a and 5b show your Social Security --both the amount of the benefits and the taxable amount.

For pensions, etc look on lines 4a and 4b