Why does the form say No about RMD? I get one fed gov retirement check a month. What's the Employee Contribution?

[donnayolanda]

If Box 5 has a $$ figure, is money being taken from my total retirement? If box 9b has a $$ figure, to what is an Employee Contributions going?

[macuser_22]

Please explain more.   What says "no" about a RMD?

Are you trying to determine the taxable amount?

I this the first year of receiving a monthly pension?

[donnayolanda]

I do not understand that as a retired Federal Employee (6 years now) why would the tax receipt say I make contributions to the system? I understand the taxable amount but not why any $$ should be deducted for services not asked for or rendered. It will take Forever, but will contact OPM: Hopefully, that department has not been eliminated.

[macuser_22]

OPM?   That sounds like a CSA 1099-R which is different from a regular 1099-R.  Your own contributions in box 9b will lower the tax owed - you do not get taxes on money that you already paid tax on when contributed but it must be prorated using the simplified method.    I

The taxable amount in box 2a is usually the box 1 amount unless you have after-tax contributions in the retirement plan and use the simplified method. If this is NOT the first year of receiving payments, then you should use the same method that was used last year - either the box 1 amount or the simplified method, using the carry forward simplified information from last year.

If box 2a is blank or UNKNOWN then there should be amount in box 9b to use with the simplified method. If no amount in 9b then contact OPM to find the account "basis".

Enter a 1099-R here:

Federal Taxes,
Wages & Income
I’ll choose what I work on (if that screen comes up),
Retirement Plans & Social Security,
IRA, 401(k), Pension Plan Withdrawals (1099-R).

OR Use the "Tools" menu (if online version under My Account) and then "Search Topics" for "1099-R" which will take you to the same place.

Be sure to choose which spouse the 1099-R is for if this is a joint tax return.
Be sure to pick the correct 1099-R type: Standard 1099-R, CSA-1099-R, CSF-1099-R, RRB-1099-R.

[NOTE: When you get to the "Your 1099-R Entries" screen where you can add another 1099-R, use "continue" to keep going as there are additional interview questions after that screen in most cases. You can always return as shown above.]