Pension Exclusion Calculator

NOTE: The annuitant's disability pension amount should be entered as two 1099-Rs:
#1: as earned income ( Form 1040 line ) - no pension exclusion
but, exclude 0 Public Safety Officer insurance
#2: as pension income (Form 1040 line ) - see below

Federal Section > Income > IRA/Pension Distributions/1099-R or RRB-1099-R:

Show results for: Annuitant Spouse

Enter Taxable Amount directly
or use the worksheet:

Form RRB-1099-R

3 Total employee contributions

7 Total Gross Paid

7a Taxable Amount

Enter Taxable Amount directly
or use the worksheet:

Form 1099-R

1 Gross Distribution

2a Taxable Amount

9b Total employee contributions

Simplified General Rule Worksheet

Gross distribution amount (from 1099-R)	0
Plan cost at annuity start date	0
Starting date of annuity	0
Death benefit exclusion	0
Check here if the annuity benefits are based on...
Combined calculated age of annuitants at start date	0
Add or subtract from the calcualted age, if necessary
Number of months paid in 20XX	0
Amounts previously recovered	0
Public Safety Officer Exclusion for Health Ins Prem

^†PSO NOTE: To obtain the PSO indication on the printed 1040 tax form, TaxSlayer^® requires an entry in the 1099-R form. If you are entering the taxable amount directly, you must enter the annuity part first () and then enter the PSO insurance insurance amount () where required. The resulting taxable amount should then be .

NOTE: TaxSlayer^® does not calculate the final tax year nor its partial exclusion which can result in errors if the amount previously recovered is not known.
We recommend adding a note to the tax return and the taxpayer envelope for next year's tax preparer that shows the date of retirement, the annual exclusion amount, the final year, and partial exclusion for that final year. Also, print and include this table in the taxpayer envelope and request they bring it next year.

	Years of service	Retirement age
Civil Service Retirement System (CSRS)
	5	62
	20	60
	20¹	50
	30	55
Federal Employees Retirement System (FERS)
	5	62
	10	55
	20¹	50
	25¹	Any
Railroad Retirement Board (RRB)
	5 after 1995	62
	10	62
	30	60