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2007 Instructions for Schedule R (Form 1040) Credit for the Elderly or the Disabled Purpose: This is the first circulated draft of the 2007 Instructions for Schedule R for your review and comments.
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Schedule R is used to report pension and annuity income on your tax return.
Anyone who received a pension or annuity income during the tax year must file Schedule R.
You can fill out Schedule R by following the instructions provided on the form and entering the relevant information regarding your pension and annuity income.
The purpose of Schedule R is to accurately report pension and annuity income in order to calculate your tax liability.
You must report the total amount of pension and annuity income received during the tax year, as well as any withholding or contributions made.
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