Taxes and TSP (military)

**ehopper302** · 01-27-2005, 08:30 PM

What do I need from my TSP to file my taxes? If I need anything will it be sent to me or is it something I need to get myself?

**Rolo** · 01-27-2005, 10:19 PM

Your TSP contributions should be deducted automatically from your taxable wages (base pay).

**ehopper302** · 01-28-2005, 10:28 AM

Ok I understand that. What I mean is like do you need to report earned intrest or gains like on a savings account. If you do, will I get something in the mail stating this amount?

01-29-2005, 11:00 AM

You only need to report if you take money out. Loans not included.

**Rolo** · 01-29-2005, 12:23 PM

Yup; you only get taxed on distributions (when you take "payments" from your retirement account).

So, no, no documentation required for filing taxes (like a 1099, etc.).