https://ttlc.intuit.com/community/retirement/discussion/what-is-the-amount-for-basis-of-retirement-income/01/399617#M35911 My wife worked with a company providing food services to schools.&nbsp;&nbsp;She has not been working with the company since 2015. .&nbsp;&nbsp;The company has a retirement plan.&nbsp;&nbsp;In 2016 the company sent a check to my wife for the total amount of the retirement plan saving ($459).&nbsp;&nbsp;Is "Basis of Retirement Income" equal to $459? Tue, 04 Jun 2019 19:54:29 GMT ab_17 2019-06-04T19:54:29Z https://ttlc.intuit.com/community/retirement/discussion/what-is-the-amount-for-basis-of-retirement-income/01/399617#M35911 My wife worked with a company providing food services to schools.&nbsp;&nbsp;She has not been working with the company since 2015. .&nbsp;&nbsp;The company has a retirement plan.&nbsp;&nbsp;In 2016 the company sent a check to my wife for the total amount of the retirement plan saving ($459).&nbsp;&nbsp;Is "Basis of Retirement Income" equal to $459? Tue, 04 Jun 2019 19:54:29 GMT https://ttlc.intuit.com/community/retirement/discussion/what-is-the-amount-for-basis-of-retirement-income/01/399617#M35911 ab_17 2019-06-04T19:54:29Z https://ttlc.intuit.com/community/retirement/discussion/unless-she-made-non-deductible-i-e-after-tax-contribut/01/399625#M35916 <P><U>Unless she made non-deductible (i.e. after-tax) contributions to this retirement plan,</U> <B>her basis in the retirement plan is "0".&nbsp;</B></P><P>In the vast majority of private retirement plans, contributions are made with "pre-tax" contributions - deducted from pay before calculating your taxable income.</P> Tue, 04 Jun 2019 19:54:31 GMT https://ttlc.intuit.com/community/retirement/discussion/unless-she-made-non-deductible-i-e-after-tax-contribut/01/399625#M35916 ToddL 2019-06-04T19:54:31Z