How much are my pension distributions going to be taxed in 2007? I am very interested to know how much of my pension distribution is going to be taxable. How does the tax law treat pension distribution?

Tks..

PS My tax bracket is 25%.

taxed as ordinary income. They may be exempt from state income tax depending on which state you live in. If you have no basis(after-tax contributions) in your pension, the full amount is taxable income.