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February 25, 2025
Question

pension income

  • February 25, 2025
  • 1 reply
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I have monthly pension income withholding 20% of tax. turbo tax asks me to check the box what did you do  with  money from CCERA. I am not sure which box to check. please advice.

1 reply

February 25, 2025

If you used the money to pay for your everyday expenses, just choose 'I did something else with it'.  

 

You only need to pick a specific reason when you moved the money into another type of retirement account.  

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