topic basis in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/basis/01/3746946#M255827 <P>when entering my 1099 R in state taxes, with money received from PBGC, how do I calculate the cost basis?</P> Fri, 30 Jan 2026 18:59:44 GMT ggreg166 2026-01-30T18:59:44Z basis https://ttlc.intuit.com/community/retirement/discussion/basis/01/3746946#M255827 <P>when entering my 1099 R in state taxes, with money received from PBGC, how do I calculate the cost basis?</P> Fri, 30 Jan 2026 18:59:44 GMT https://ttlc.intuit.com/community/retirement/discussion/basis/01/3746946#M255827 ggreg166 2026-01-30T18:59:44Z Re: basis https://ttlc.intuit.com/community/retirement/discussion/re-basis/01/3747372#M255857 <P>Your 1099-R will have your cost basis for this year's distribution in box 5. The box 5 amount is your tax free portion for TY25. You may see your total contributions in box 9b. Some states will pull in from the federal amount.</P> <P>Your box 1 minus box 5 = box 2 taxable portion.</P> <P>&nbsp;</P> Fri, 30 Jan 2026 23:26:30 GMT https://ttlc.intuit.com/community/retirement/discussion/re-basis/01/3747372#M255857 AmyC 2026-01-30T23:26:30Z