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April 10, 2025
Question

What do I enter in the box for "Basis of Retirement Income"? I started receiving Retirement Income in 2024 for a pension that is paid out as an annuity.

  • April 10, 2025
  • 1 reply
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1 reply

AmyC
Employee
April 10, 2025

Your basis is the amount you paid in. Pub 939 helps you calculate the basis. You may have made regular payments from your paycheck. You may be able to call and ask and then keep records.

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