[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-301803-105":3,"doc-detail-301803-en":80,"detail-sidebar-cat-1-en-105":97},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","retiree-news-february-2023-income-tax-season-guide","Retiree News February 2023 - Income Tax Season Guide","","February 2023 Retiree News from the Maryland State Retirement and Pension System explains how to prepare income taxes using Form 1099-R. It highlights direct deposit sign-up improvements, where retirees can download 1099-R statements through mySRPS, and how to access forms in three steps. The guide also clarifies key 1099-R components, including gross distribution, taxable amounts, federal and state tax withheld, employee contributions, distribution codes, and security privacy details.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/retiree-news-february-2023-income-tax-season-guide/301803/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/retiree-news-february-2023-income-tax-season-guide/301803.png","ImageObject",442,249,{"name":42,"@type":43},"Taylor Morgan","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-09-23","2026-09-19",true,{"@type":52,"interactionType":53,"userInteractionCount":22},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"How can retirees access and print their 2022 1099-R in mySRPS?","Question",{"text":62,"@type":63},"Log into mySRPS, open the My Documents tab (upper right), then select View next to the tax form you want to access.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What information does Form 1099-R provide for income tax preparation?",{"text":67,"@type":63},"Form 1099-R includes detailed payment information for the calendar year and helps complete annual income taxes using the amounts reported for that year.",{"name":69,"@type":60,"acceptedAnswer":70},"Why do some retirees receive two 1099-R forms in 2022?",{"text":71,"@type":63},"Retirees who turned age 59½ during calendar year 2022 receive two 1099-R forms: one for pension payments distributed before reaching 59½ (code 2) and another for payments on or after that date (code 7).","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},301803,1790172789,{"code":4,"msg":81,"data":82},"success",{"doc_id":78,"user_id":83,"nickname":42,"user_avatar":84,"doc_module":22,"category_id":85,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":86,"file_id":87,"file_url":88,"file_type":89,"file_size":90,"view_count":26,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":91,"language":92,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":93,"faqs":94,"seo_title":95,"seo_description":12,"update_tm":96,"read_time":26},1099523885336,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c",18,"IN THIS EDITION: VALUABLE INFORMATION FOR INCOME TAX SEASON!  \n\n| |  |  | \u003Cbr>\u003Cbr>FEBRUARY 2023\u003Cbr>41 NO. 1\u003Cbr>\u003Cbr>A Newsletter for Retirees from the Maryland State Retirement & Pension System\u003Cbr>|  |\n| --- | --- | --- | --- | --- |\n| \u003Cbr>Direct deposit sign-up made quicker, easier\u003Cbr>FOR YEARS , retirees receiving a monthly benefit from the Maryland State Retirement and Pension System had to visit their bank to sign up for direct deposit. No more!\u003Cbr>A new process launched in November 2022 provides\u003Cbr>See Deposit, page 5 |  | Your 1099-R Form is a valuable resource for income tax prep |  |  |\n|  |  | INTERNAL REVENUE SERVICE Form 1099-R was mailed to all Maryland State Retirement and Pension System payees in January.\u003Cbr>Form 1099-R provides detailed information on the payments you received from the Maryland State Retirement Agency during calendar year 2022. It is an\u003Cbr>|  | important tool for completing your annual income taxes.\u003Cbr>Most payees will receive only one 1099-R tax form each year. However, members who retired in 2022 will also receive a 1099-R tax form for any additional payments, such as a refund of any excess member contributions.\u003Cbr>See Statement, page 2 |\n|  | [sra. maryland. gov](sra. maryland. gov) |  |  |  |\n\nPRESORTED STANDARD  \nU.S . POSTAGE PAID BALTIMORE, MD Permit No . 7916  \nMARYLAND  \nSTATE RETIREMENT and PENSION SYSTEM  \n120 East Baltimore Street  \nBaltimore, Maryland 21202-6700  \n| Download your tax statement with mySRPS |  |  |  |  |  |\n| --- | --- | --- | --- | --- | --- |\n| NEED A REPLACEMENT\u003Cbr>1099-R form? In addition to the paper form mailed to you, an electronic copy of your Form 1099-R for 2022 is available for viewing and printing in your mySRPS account.\u003Cbr>mySRPS, the Maryland State Retirement Agency’s secure website, is a powerful tool for managing your pension account. Use mySRPS to access and print tax statements for 2022 and the past four years. You also can use mySRPS to change your tax withholdings (see page 6), sign up for direct |  | deposit (see page 1) and change your address on file with the Retirement Agency.\u003Cbr>Print your 1099-R\u003Cbr>Access and print your 1099-R tax statement in three easy steps: | |  |  |\n|  |  | 1. Log into your mySRPS account.\u003Cbr>2. Click on the My Documents tab in the upper right-hand corner of the screen.\u003Cbr>3. Select View next to the tax form that you wish to access. |  | Not yet a registered mySRPS user? Signing up is easy. Visit the Maryland State Retirement Agency online at[sra.maryland.gov](sra.maryland.gov), click on mySRPS Login, then Register. Follow the prompts to receive a registration packet in the mail. |  |\n| Statement, from page 1\u003Cbr>Retirees who turned age 59½ in calendar year 2022 will receive two 1099-R tax forms. These retirees will receive a 1099-R tax form for pension payments distributed in the calendar year prior to reaching age 59½ with a distribution code 2. They also will receive a separate 1099-R tax form for pension payments distributed in the calendar year on or after the date they reached age 59½ with a distribution code 7.\u003Cbr>For your security, your 1099-R tax form lists only the last four digits of your Social Security number.\u003Cbr>Some important components of your 1099-R form\u003Cbr>BLOCK 1: Gross Distribution\u003Cbr>This is the total amount of pension benefits paid to you by the Maryland State Retirement Agency during the 2022 calendar year. | BLOCK 2A: Taxable Amount\u003Cbr>This is the taxable amount of the pension benefits paid to you. Depending on when you retired, your retirement type and whether you contributed to help fund your benefits, you may not be taxed on the total amount of pension benefits paid to you. If this is the case, the amount shown in this block will differ from the amount in Block 1.\u003Cbr>BLOCK 4: Federal Income Tax Withheld\u003Cbr>This is the total amount of federal income tax deducted from your monthly pension benefits.\u003Cbr>BLOCK 5: Employee Contributions\u003Cbr>This is the amount of your contributions that were recovered, t","cbCaihgIFLsLMpEc","https://ap.wps.com/l/cbCaihgIFLsLMpEc","pdf",299816,6,"English","# IN THIS EDITION\n## Direct deposit sign-up made quicker, easier\n## Your 1099-R Form is a valuable resource for income tax prep\n# Download your tax statement with mySRPS\n## Need a replacement 1099-R form?\n## Print your 1099-R in three easy steps\n# Statement: Key details for retirees\n## Distribution codes and age 59½ rules\n## What each block on 1099-R means","[{\"question\":\"How can retirees access and print their 2022 1099-R in mySRPS?\",\"answer\":\"Log into mySRPS, open the My Documents tab (upper right), then select View next to the tax form you want to access.\"},{\"question\":\"What information does Form 1099-R provide for income tax preparation?\",\"answer\":\"Form 1099-R includes detailed payment information for the calendar year and helps complete annual income taxes using the amounts reported for that year.\"},{\"question\":\"Why do some retirees receive two 1099-R forms in 2022?\",\"answer\":\"Retirees who turned age 59½ during calendar year 2022 receive two 1099-R forms: one for pension payments distributed before reaching 59½ (code 2) and another for payments on or after that date (code 7).\"}]","Retiree News February 2023 - Income Tax Season Guide | PDF",1789785532,{"code":4,"msg":81,"data":98},[99,104,109,114,119,124,129,132,137],{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},11,"Presentations",90,"presentations",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},12,"Resumes",80,"resumes",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},14,"Invoices",70,"invoices",{"id":115,"doc_module":22,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},15,"Posters",60,"posters",{"id":120,"doc_module":22,"doc_module_name":25,"category_name":121,"show_sort_weight":122,"slug":123},16,"Social Media",50,"social-media",{"id":125,"doc_module":22,"doc_module_name":25,"category_name":126,"show_sort_weight":127,"slug":128},17,"Forms",40,"forms",{"id":85,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":130,"slug":131},30,"letters",{"id":133,"doc_module":22,"doc_module_name":25,"category_name":134,"show_sort_weight":135,"slug":136},21,"Paper Templates",5,"papers-templates",{"id":138,"doc_module":22,"doc_module_name":25,"category_name":139,"show_sort_weight":4,"slug":140},158,"General","general-158"]