Early Withdrawal From Tsp

January 10th, 2011

Question: Where do I place my taxable TSP amount on the 2011 Federal Tax Form?

I am retired from gov’t and I normally place my gross (before taxes) in the Pensions and annuities bo, line16a, and then place the taxable amount on line 16b.

Last summer I withdrew all of TSP (I am over 59 so no Early Withdrawal Penalty applied) and on my 1099R I need to know where to place that taxable amount on the form. I don’t think I place it under IRA distributions, line 15a. Do I combine the two totals and place under Pensions/Annuities and then combine the taxable income on line 16b? Thanks

Answer: Same place as last year, lines 16a and 16b.

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