I've since retired so for me that is all moot. My kids are adults now and do have that option. I suggest it's much easier to do so than to try to fight with the criminals to get your withholding back.
I do have one questions. I believe you said that someone in your family is getting a pension from the services? Or am I missing something?
Would that person not be included in the definition as stated ""For purposes of this chapter, the term "employee" includes an officer, employee, or elected official of the United States, a State, or any political subdivision thereof, or the District of Columbia, or any agency or instrumentality of any one or more of the foregoing. The term "employee" also includes an officer of a corporation."
instrumentality:
A means; an agency.
A subsidiary branch, as of a government, by means of which functions or policies are carried out.
Yes, you are correct. And the amount provided on that individual's 1099-R was correctly reported on the form 1040 as taxable. The reason there is still no tax due is because it's below the amount of the standard deduction.
AND why not rescind your W4 for the Voluntary Tax withholding so in the long run the won't have your money at all?
I've since retired so for me that is all moot. My kids are adults now and do have that option. I suggest it's much easier to do so than to try to fight with the criminals to get your withholding back.
I do have one questions. I believe you said that someone in your family is getting a pension from the services? Or am I missing something?
Would that person not be included in the definition as stated ""For purposes of this chapter, the term "employee" includes an officer, employee, or elected official of the United States, a State, or any political subdivision thereof, or the District of Columbia, or any agency or instrumentality of any one or more of the foregoing. The term "employee" also includes an officer of a corporation."
instrumentality:
A means; an agency.
A subsidiary branch, as of a government, by means of which functions or policies are carried out.
Yes, you are correct. And the amount provided on that individual's 1099-R was correctly reported on the form 1040 as taxable. The reason there is still no tax due is because it's below the amount of the standard deduction.
I ain’t smirking. I feel bad for you.
aw, that's sweet. 😌