Some or all your retirement income and/or distributions may be taxable to the Federal government.
If you received a distribution from a retirement account (such as a pension, annuity, IRA, social security benefits, or railroad benefits), you should receive a Form SSA-1099, 1099-R, or RRB-1099R. You will report the amounts from these forms. The taxable portion will be calculated by the program.
If you have a rollover or recharacterization, the information needs to be reported on your tax return.
For more information, visit the IRS website.