Where do I input a lump sum pension amount


dan royer's picture

In the pensions and annuities area there's a place to indicate a lump sum pension.

It assumes the lump sum is a taxable event, but I have the option of rolling it into a deferred account (IRA or employer 401k plan). Is there something I'm missing?

dan royer's picture

Yes, I saw that in another thread. If it's current year just add funds to your retirement accounts. IF it's a future year, use the contributions table to add it as employer contribution so that you don't have it removed from your earnings.

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