Solved: Our 1099-R is for pension received from previous employment - why is it being referred to as an annuity? It is not an annuity.
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Our 1099-R is for pension received from previous employment - why is it being referred to as an annuity? It is not an annuity.

 
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Level 15
Level 15

Our 1099-R is for pension received from previous employment - why is it being referred to as an annuity? It is not an annuity.

A pension and an annuity are treated the same way on your tax return. It doesn't matter what it's called. In technical accounting terminology, a pension is an annuity.

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Level 15
Level 15

Our 1099-R is for pension received from previous employment - why is it being referred to as an annuity? It is not an annuity.

A pension and an annuity are treated the same way on your tax return. It doesn't matter what it's called. In technical accounting terminology, a pension is an annuity.

View solution in original post

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