No. Just pre-selected periodic distributions are qualified to receive the tax deduction. Lump sum and payments that are non-periodic maybe maybe not eligible.
What kinds of distributions meet the criteria for the income tax deduction?
Distributions which are compensated for your requirements in regular re payments much more than one calendar year meet the criteria for the tax deduction. To be eligible for the tax deduction you need to pick “Periodic Payments” in the Benefit Distribution form (PDF) when trying to get re re payment; indicate that you would like at the least two periodic re re payments, and select a schedule which will include at the very least two different calendar years.続きを読む →