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Pension

I receive a pension. It is listed on a 1099-R. Is the pension considered a qualified IRA distribution or do I use None of the Above?

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1 Reply
GloriaL
Expert Alumni

Pension

Yes, distributions received from pension plans are reported on form 1099R. You would choose none of the above, because a pension cannot be a qualified IRA, but can be a qualified plan.   

 

To learn more about how to report your pension distribution please see: TurboTax: When to Use Form 1099R.

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