turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

robrien8
New Member

Why is 1099r pension form is listed as taxable income on 1040. taxes were deducted, however, pensions should not be taxable income, correct?

on list of taxable income a 1099r for pension money was listed as taxable.  I did not think pension money was taxable?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Why is 1099r pension form is listed as taxable income on 1040. taxes were deducted, however, pensions should not be taxable income, correct?

No, pensions are taxable on your federal return. Depending on what state you reside in, your pension may not be taxable. Contact your state for more information. The link below lists contact information for US State Department of Revenue (click on your state):

https://ttlc.intuit.com/replies/3302452

https://ttlc.intuit.com/replies/3301565

View solution in original post

1 Reply

Why is 1099r pension form is listed as taxable income on 1040. taxes were deducted, however, pensions should not be taxable income, correct?

No, pensions are taxable on your federal return. Depending on what state you reside in, your pension may not be taxable. Contact your state for more information. The link below lists contact information for US State Department of Revenue (click on your state):

https://ttlc.intuit.com/replies/3302452

https://ttlc.intuit.com/replies/3301565

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies