ERIC Number: ED079594
Record Type: RIE
Publication Date: 1972-May
Reference Count: 0
Instructor Guide for Federal Income Tax Implications of Civil Service Retirement. A Unit for Federal Employee Pre-retirement Counseling Seminar.
Civil Service Commission, Washington, DC. Bureau of Training.; Internal Revenue Service (Dept. of Treasury), Washington, DC.
Designed to cover the general information essential to all annuitants regarding the Federal Income Tax implications of Civil Service retirement, this guide is for the use of the Civil Service Commission in training agency retirement counselors and as an instructor's guide or instructor's reference by retirement counselors in conducting pre-retirement counseling seminars. The guide uses lecture, handouts, and group discussion, as well as visual aids. The contents of the guide are: Introduction (seminar objectives, forms and statements Civil Service provides retirees regarding Federal income tax, information and services a retiree can expect from IRS, and other professional tax services available); The Taxability of Annuities and Payments to Civil Service Retirees (the taxability of an immediate annuity, a disability annuity, of sick leave pending retirement, and of lump-sum payments received at retirement); The Taxability of Annuities and Payments to Survivors of Civil Service Retirees (the taxability of survivor annuity, the income tax status of lump-sum payments made at death of retiree, the filing requirements of the final tax return for deceased annuitants, the requirements to be met for widow/widower filing a joint return for two years beyond year of spouse's death); Special Federal Income Tax Considerations upon Reaching Age 65 or Retirement; Retirement Income Credit (who may or may not receive credit, what retirement income is, how to compute the credit); Declaration of Estimated Tax; and Review and Evaluation. (DB)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Civil Service Commission, Washington, DC. Bureau of Training.; Internal Revenue Service (Dept. of Treasury), Washington, DC.