How do you report the CSRS Tax Free portion portion of a spousal annuity

Danno
Danno Member Posts: 1 Newcomer
in Retirement Income

Since OPM does not calculate the the CSRS Tax Free portion of a spousal annuity son the 1099 of a spousal annuity.

Thus, does anyone know how to report that number (assuming I know it) on my Fed Tax filing?

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Answers

  • MatthewD
    MatthewD FreeTaxUSA Admin, FreeTaxUSA Agent Posts: 1,020 image
    edited August 7

    Hello Danno,

    If the box (Box 2b Taxable Amount Not Determined) is checked indicating that the taxable amount is not determined, the payer was unable to determine the taxable amount. You'll need to calculate what you should put as the taxable amount in Box 2a.

    If the payer did not enter the taxable amount in Box 2a, or did not enter the correct taxable amount, you will need to calculate the taxable amount using the Simplified Method Worksheet from the IRS Form 1040 instructions. The amount you calculate on Line 9 of this worksheet is the taxable amount you should enter in Box 2a.

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