1217381
You'll need to sign in or create an account to connect with an expert.
No, a Turbo Tax Home and Business cannot generate a 1099R. Only W2 or 1099 MISC.
Why do you need to create a1099R? The plan trustee does that. You as an individual do not.
Only a registered Financial Institution can "create" a 1099-R.
If you *have* a 1099-R then enter it this way - otherwise explain what yiu are asking.
Enter a 1099-R here:
Federal Taxes,
Wages & Income
(I'll choose what I work on - if that screen comes up)
Retirement Plans & Social Security,
IRA, 401(k), Pension Plan Withdrawals (1099-R).
OR Use the "Tools" menu (if online version left side) and then "Search Topics" for "1099-R" which will take you to the same place.
Be sure to choose which spouse the 1099-R is for if this is a joint tax return.
Be sure to pick the correct 1099-R type: Standard 1099-R, CSA-1099-R, CSF-1099-R, RRB-1099-R.
[NOTE: When you get to the "Your 1099-R Entries" screen where you can add another 1099-R, use "continue" to keep going as there are additional interview questions after that screen in most cases. You can always return as shown above.]
Needing to make a 1099 R because a person is retired from his own company and needs to create one instead of making a paper form every year. That would be one of the reasons
Again the financial institution that is the trustee for the retirement account issues the 1099-R.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ripepi
New Member
israelloera00
New Member
fkinnard
New Member
john
New Member
rodiy2k21
Returning Member