Ask a Question
or
Create a Poll
  1. Home /
  2. Questions /
  3. Finance
  4. / Retirement
  5. / Pensions

by Answerbag Staff on March 9th, 2010

Answerbag Staff

Question

Help answer this question below.

Is there tax on retirement wages?

Share:
Other

Answers. 1 helpful answer below.

  • by Aurelio Locsin on March 9th, 2010

    Answerbag Experts

    Great Answer

    Professionally Researched. (What's this?)

    According to IRS Topic 410, pensions or retirement annuity payments are fully taxable if you did not pay anything to receive the benefit. However, if part of the payments come from after-tax contributions, that portion is not taxable.

    Source:

    IRS: Pensions and Annuities

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading Is there tax on retirement wages?

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

ANSWERBAG BUZZ

Tort hostile work environment

Answerbag

a Demand Media company