No. Just pre-selected distributions that are periodic qualified to receive the tax deduction. Lump sum payment and non-periodic repayments are perhaps maybe not eligible.
What kinds of distributions meet the criteria for the income tax deduction?
Distributions which are compensated for you in regular re payments much more than one calendar are eligible for the income tax deduction year. To be eligible for the tax deduction you need to pick “Periodic re Payments” from the Benefit Distribution form (PDF) when applying for payment; indicate that you would like at the very least two regular re re payments, and choose a schedule that may add at the very least two different calendar years. Continua a leggere