Retirement can affect someone’s tax situation. Anyone who has retired recently — or who plans to retire soon — can visit IRS.gov for information that can help them prepare for filing their taxes next year.
Here are some tools and resources for retirees, all available on IRS.gov:
Individual Retirement Arrangement FAQs – Withdrawals
Publication 915, Social Security and Equivalent Railroad Retirement Benefits
Interactive Tax Assistant: Are My Social Security or Railroad Retirement Tier I Benefits Taxable?
Publication 575, Pension and Annuity Income
Publication 590-B, Distributions from Individual Retirement Arrangements
Retirement Topics: Required Minimum Distributions
Publication 721, Tax Guide to U.S. Civil Service Retirement Benefits
Retirement Savings Contributions Credit (Saver’s Credit)
More Information:
IRS.gov/getready