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New Member
posted Apr 8, 2024 6:00:02 PM

retired clergy went back to work

hello, 

A retired clergy with 1099R went back to work as a minister in 2023 mid-year so there is a W2 with Housing Allowance. Can income from 1099 R be legitimately deducted from income in this case? MWC

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Expert Alumni
Apr 9, 2024 11:58:09 AM

No, normally 1099-R income cannot be excluded.  One way that some of the distribution might not be taxable is if you made after-tax contributions to an annuity or pension, then only a portion of the distribution will usually be taxed.  Another way is if the 1099-R distribution is from a Roth IRA.  For more information on other 1099-R situations visit the TurboTax help article below:

 

When to Use Tax Form 1099-R: Distributions From Pensions, Annuities, Retirement, etc.