Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When reviewing my Form 1099-R instructions, what does no special reporting requirements mean?

0
Posted

When reviewing my Form 1099-R instructions, what does no special reporting requirements mean?

0

It is the eligible public safety officers responsibility to take the gross income exclusion (up to $3,000 annually) on IRS Form 1040 for his or her eligible portion. The IRS determined that a plan sponsor, like OP&F, is not required to report these amounts on the pension Form 1099-R.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123