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THis is just one part of a very long problem but i figure it would be better to

ID: 2371649 • Letter: T

Question

THis is just one part of a very long problem but i figure it would be better to chunk it up


Robert (Bob) S. and Sally D. Grove are husband and wife and live at 4112 Larkspur Lane, Denton, TX 76201. Bob is a retired petroleum engineer, and Sally is a portrait artist. 1. When he retired at age 65 in 2008, Bob was chief of offshore operations at Pelican Exploration Corporation. While employed, Bob participated in Pelican’s contributory qualified pension plan, to which he had contributed $250,000 (in after-tax dollars). Under one of the plan options, he chose a life-annuity payout of $60,000 per year over his life. Due to Bob’s expertise in Gulf of Mexico offshore operations, Pelican continues to use his services on a consulting basis (see item 3).


given this information...what tax form do i put this on and what line number?

Explanation / Answer

Is there more information?