W4 55
W5 12
W6 N
W8 55
W9 12
WA N
|
+ WPN1 + WPN2 ^ WBO                  ' LINE 1
+ W4 - 127 > ? W4                    ' LINE 3 1
+ 300 ^ TP1
+ W4 - 55 > + 260 ^ TP1
+ W4 - 60 > + 240 ^ TP1
+ W4 - 65 > + 170 ^ TP1
+ W4 - 70 > + 120 ^ TP1
+ TP1 * 100 ^ WB3
+ W8 - 127 > ? W8                    ' LINE 3 2
+ 300 ^ TP2
+ W8 - 55 > + 260 ^ TP2
+ W8 - 60 > + 240 ^ TP2
+ W8 - 65 > + 170 ^ TP2
+ W8 - 70 > + 120 ^ TP2
+ TP2 * 100 ^ Wb3
+ WCS1 / TP1 ^ WB4                   ' LINE 4 1
+ WCS2 / TP2 ^ Wb4                   ' LINE 4 2
+ W5 - 12 > ? W5                     ' LINE 5 1
+ WB4 * W5 ^ WB5
+ W9 - 12 > ? W9                     ' LINE 5 2
+ Wb4 * W9 ^ Wb5
+ W6 - N \ + W6 - Y \ ? W6
+ WA - N \ + WA - Y \ ? WA
+ 1 ^ TP1                            ' TEST FOR BEFORE 1987
+ W6 - Y = ^ TP1
+ 1 ^ TP2
+ WA - Y = ^ TP2
+ WRC1 * TP1 ^ WB6                   ' LINE 6
+ WRC2 * TP2 ^ Wb6
+ WCS1 - WB6 * TP1 ^ WB7             ' LINE 7
+ WCS2 - Wb6 * TP2 ^ Wb7
+ WB5 ^ WB8                          ' LINE 8
+ TP1 > + WB8 - WB7 > + WB7 ^ WB8
+ Wb5 ^ Wb8
+ TP2 > + Wb8 - Wb7 > + Wb7 ^ Wb8
+ WPN1 - WB8 ^ WB9                   ' LINE 9
+ WB9 < ^ WB9
+ WPN2 - Wb8 ^ Wb9
+ Wb9 < ^ Wb9
+ WB9 + Wb9 ^ Z17
|
R ~58
S !  Plan 1  !  Plan 2~~
^
S 1. Enter the total pension received this year. Also
R ~18
S !
R ~10
^
R ~3
S enter this amount on Form 1040` line 17a
R .5
S (FZ1)[WPN*]
C WPN1
S !
C WPN2
^ 
S 2. Enter your cost in the plan at annuity starting
R ~19
S !
R ~10
^ 
S ~~~date` plus any death benefit exclusion
R .12
S [WCS*]
C WCS1
S !
C WCS2
^ 
S 3. Age at annuity starting date.
R ~15
S Enter
R ~9
S <W4>
B W4
S ~!  <W8>
B W8
S ~
^ 
R ~33
S 55 and under
R ~3
S 300
R ~18
S !
R ~10
^ 
R ~33
S 56-60
R ~10
S 260
R ~18
S !
R ~10
^ 
R ~33
S 61-65
R ~10
S 240
R ~8
T WB3
S !
T Wb3
^ 
R ~33
S 66-70
R ~10
S 170
R ~18
S !
R ~10
^ 
R ~33
S 71 and older
R ~3
S 120
R ~18
S !
R ~10
^ 
S 4. Divide the amount on line 2 by the number on line 3
R .5
T WB4
S !
T Wb4
^ 
S 5. Multiply line 4 by the number of months
R ~19
S <W5>
B W5
S ~!  <W9>
B W9
S ~
^ 
S ~~~for which this years payments were made
R .17
T WB5
S !
T Wb5
^ 
S ~~~If your annuity starting date was before 1987` (Y or N)~~~<W6>
B W6
S ~!~~<WA>
B WA
S ~
^ 
S ~~~enter this amount on line 8` skip lines 6 and 7.
R ~18
S !
R ~10
^ 
S 6. Amount recovered tax free in years after 1986
R .5
S [WRC*]
T WB6
S !
T Wb6
^ 
S 7. Subtract line 6 from 2
R .34
T WB7
S !
T Wb7
^ 
S 8. Enter the smaller of lines 5 and 7
R .22
T WB8
S !
T Wb8
^ 
S 9. Taxable amount. Subtract line 8 from 1 but not less
R ~15
S !
R ~10
^ 
S ~~~than zero. Enter on Form 1040` line 17b
R .12
S (FZ1)
T WB9
S !
T Wb9
^ 
|