What is Retirement Income?
Retirement income can include social security benefits, as well as any benefits from annuities, retirement or profit sharing plans, insurance contracts, IRAs, etc. For information about social security benefits and tier 1 railroad retirement benefits, see the Social Security Benefits lesson.
Retirement income can be reported on:
Refer to the sample Form 1099-R, Pension and Annuity Income, in the Volunteer Resource Guide (Tab 2), for software entries.