Retiree received a 1099-MISC

[catherine3]

I am doing a return for a 99 year old who receives a pension every year from JPMorgan chase. Every year it is reported on a 1099-R. Last year she received her regular 1099-R from JPMorgan Chase. However, she received an additional 1099-MISC from JPMorgan Chase (different tax ID - but still referencing LIRR pension) in the amount of $4,644. This is making her taxes considerably higher. I called her and she does not know what it is for. Is there any way I can report this so that she does not have to pay such high taxes? Does anyone know why a pension would be on a 1099-MISC?

[Terry53029]

Maybe your client got a incentive payment for something. Should call broker to see exactly what it was for. If it was from his pension they should correct their mistake. If they refuse to send a 1099R and a corrected 1099MISC for zero. If they do not send a 1099R and it is correct list it as other income not subject to SE tax. 

[qbteachmt]

She should have gotten some descriptive info with the money, or a notification that something was paid on her behalf, and it is taxable to her, and it isn't retirement but likely some commitment to the retiree pool. Of course, she might not have bothered to pay attention. Did you try google, such as:

1099-Misc chase cisc (or cwm or whatever is the issuer)