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RRB -1099-R Taxable Portion

  • 1.  RRB -1099-R Taxable Portion

    Posted 02-20-2019 19:33
    New client with RRB 1099-R Pension. Retired 28 years. How do you determine taxable portion of contribution when RRB 1099-R when it does not report it on the form? I understand there is a General rule and a Standard rule. How do you determine if TP has recovered all his basis at this time? Thank you in advance.

    Gloria M. Papasophocles,CPA,P.C.  

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