My 1099-R is a annuity I get from the military for my deceased husband, I did not contribute to this pension, why are the questions asked suggesting I did?

lkmeddles — Thu, 06 Jun 2019 15:18:04 GMT

It is probably asking if your husband made after-tax cont...

BMcCalpin — Thu, 06 Jun 2019 15:18:05 GMT

It is probably asking if your husband made after-tax contributions to the pension plan while he was working. If so, the total of these after-tax contributions forms the "cost" or "basis" of the pension. When the pension is paid out to you over time, then that part which is a return of basis (there is a formula for that) is not taxable - because you already paid tax on the amount already.

It is possible to make such after-tax contributions to a pension plan, but not necessarily likely. If you go back to last year's return and see that the entire amount received from the pension in 2016 (i.e., the amount on the 1099) was taxable, then your basis is probably zero - so just enter that.

topic My 1099-R is a annuity I get from the military for my deceased husband, I did not contribute to this pension, why are the questions asked suggesting I did? in Retirement tax questions

My 1099-R is a annuity I get from the military for my deceased husband, I did not contribute to this pension, why are the questions asked suggesting I did?

It is probably asking if your husband made after-tax cont...