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Are other non social security pension payments taxable?
Author: Ted Farley
Website: http://www.Tax-FAQ.com
Added: Sun, Jul 23, 2006 17:52:28
Category: Tax Questions
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Just like Social Security benefit payments, other pension payments are taxable, although it is dependent on the recipient’s income and marital status. If such payment is the taxpayer's only source of income, then it may be tax-free. Other conditions are also stipulated in the Instruction Booklet of the Internal Revenue Services (IRS).
keywords: Taxes | Tax | Social Security | Pension About the Author:
Ted Farley answers frequently asked tax questions at PrettyGreatAnswers.com.
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