What is "basis" of retirement income on PA income tax return

[chasgabriel]

Hi,  does that same PA Basis information apply to 1099Rs that have Distribution Code 2 ?  My understanding of Code 2 is that it is some type of early distribution exception.  Do we still need to find all of the Contribution amounts minus other distributions?  Thanks

[richard-arnold-7]

Hi. Thank you so much for the perfect explanation. If I had 2 previous distributions (2013,2016,) do I add those to my 2021 distribution or just the previous two together and subtract that from my total contributions from the life of the plan?   Thank you.

[JohnB5677]

Yes, you would take the total of all of the contributions that you made, and subtract the distributions that you got in 2013 and 2016.  Anything left is your new basis.