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Railroad retirement benefits are reported on Form 1040 by: Adding tier 1 and tier 2 benefits together and entering the sum as social security benefits.
Railroad retirement benefits are reported on Form 1040 by:
Adding tier 1 and tier 2 benefits together and entering the sum as social security benefits.
Entering tier 1 benefits as social security benefits and tier 2 benefits as retirement benefits.
Entering only tier 2 benefits as retirement benefits. Tier 1 benefits are not taxable.
Entering tier 1 benefits as social security benefits. Tier 2 benefits are not taxable because they contain after-tax contributions.
how are railroad retirement benefits are reported on form 1040?
There are 4 choices
Are both Tier 1 and Tier 2 reported associal security or one of the other choices
Thank you
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