Not always. It does allocate eligible pensions, not all are eligible, to arrive at the best result for the couple. One person might pay a bit more and the other get a larger refund which works out in a savings of tax between the two of you. The taxes related to the pensions are also transferred, so a pension with no income tax taken off will result in a different allocation than expected.
Not always. It does allocate eligible pensions, not all are eligible, to arrive at the best result for the couple. One person might pay a bit more and the other get a larger refund which works out in a savings of tax between the two of you. The taxes related to the pensions are also transferred, so a pension with no income tax taken off will result in a different allocation than expected.
mikeflynn-sympat
New Member
David268
New Member
jb8181
New Member
custard79
New Member
Stella11
Returning Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.