Retirement Tax Tips and Answers | TurboTax® Support

Exemptions Early Distribution IRA

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1265 Views

1099-R - when to select "None of the above (select for deferred compensation 457 plans)"

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1 Reply 473 Views

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473 Views

Error with reporting RMD. TT calculates a $7000 tax penalty for timing. I can't correct it.

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2 Replies 1032 Views

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1032 Views

Roth IRA rollover to precious metals

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2 Replies 305 Views

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305 Views

Delete feature is not displayed when wanting to delete an uploaded doc

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1 Reply 193 Views

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193 Views

I have a 1099-R - where do I enter it?

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1 Reply 105 Views

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105 Views

How to file foreign private retirement fund assets?

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5 Replies 934 Views

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934 Views

Form 8833 and UK pensions

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9 Replies 1206 Views

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Tax on Social Security

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29 Replies 2333 Views

29 Replies

2333 Views

csa 1099r simplplified method worksheet

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0 Replies 561 Views

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561 Views

Tax code 4D kicking error for RMD and showing a penalty instead of paid annual amount

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1 Reply 700 Views

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700 Views

1099-R Annuity is asked if it is a 403(b) or other qualified retirement account. Can't update.

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1 Reply 466 Views

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466 Views

RMD Excess Accumulation Worksheet error

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1 Reply 607 Views

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607 Views

First year of inherited IRA/retirement pension from my dadwhen I was discussing the distribution with Fidelity. They said that I had to take the RMD for 20

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9 Replies 1197 Views

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1099-R form with a blank for State distribution

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6 Replies 1097 Views

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How to file with Excess 401K Contributions

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3 Replies 1491 Views

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Turbo tax Type of account- IRA should not be selected unless this account is an IRA.

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3 Replies 1808 Views

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1808 Views

Roth IRA excess contributions for multiple years

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14 Replies 4740 Views

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As a retired Louisiana state employee, I am exempt from paying state income taxes. Where do I enter this info on my returns?

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20 Replies 6421 Views

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6421 Views

Amending Previous 5329's in Turbo Tax

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1 Reply 18783 Views

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18783 Views

Colorado Pension and Annuity Substraction

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1 Reply 6664 Views

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6664 Views

Backdoor Roth IRA Contributions - 2022 & 2023

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11 Replies 8619 Views

11 Replies

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How do I check the account and routing number for my tax payment?

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1 Reply 1906 Views

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1906 Views

Unearned income

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1 Reply 682 Views

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682 Views

Form 5695

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1 Reply 461 Views

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461 Views

Medical monthly premium

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2 Replies 570 Views

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570 Views

I paid a babysitter...

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2 Replies 1992 Views

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1992 Views

Wifes Simple IRA and Trad to Roth IRA conversion

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4 Replies 1418 Views

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1418 Views

rental property

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4 Replies 1650 Views

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1650 Views

Didn't have 8606 for 2 years with nondeductible IRA. What to do now before I can do a backdoor Roth IRA?

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1 Reply 1109 Views

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1109 Views

Reporting Excess contribution Roth IRA

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1 Reply 390 Views

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390 Views

TurboTax doubling my IRA contributions

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2 Replies 820 Views

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820 Views

How do I enter a backdoor Roth IRA conversion, when I am rolling over multiple year's worth of traditional IRA contributions?

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2 Replies 787 Views

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787 Views

Since the 8915-F Form is now available, I'm trying to figure out what information to fill in about the 1099-R since I only received one in 2020.

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2 Replies 590 Views

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590 Views

My IRA dist. form 1099-R shows I was taxed 10% but turbotax tells me I need to pay the tax. Don't want to pay it twice, what do I do?

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4 Replies 2242 Views

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2242 Views

Covid 19 disaster relief

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1 Reply 408 Views

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408 Views

Excess 401k Deferral for 2019 Tax Year

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4 Replies 1188 Views

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1188 Views

Confused about roth contributions

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2 Replies 786 Views

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786 Views

taxes on Traditional 401k conversion to Roth 401k ?

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1 Reply 523 Views

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523 Views

What is the Federal ID number for the Thrift Savings Plan retirement plan set up for postal employees?

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4 Replies 11605 Views

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Please help me understand these questions.

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1 Reply 334 Views

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334 Views

How to report a distribution from a foreign profit sharing plan in TurboTax?

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3 Replies 1176 Views

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Where to declare distributions from a foreign "profit sharing" plan?

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6 Replies 1421 Views

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1421 Views

My spouse does not have a social security number.

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22 Replies 14105 Views

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14105 Views

Can you contribute to a 401K, an IRA and a Roth IRA at the time?

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5 Replies 48801 Views

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48801 Views

How does the administrator of a IRA report the portion of a RMD that was sent to a qualified charity? What form is used?

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2 Replies 763 Views

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763 Views

401k withdrawal Cares Act

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7 Replies 3798 Views

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Filed but IRS is asking for more information

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1 Reply 451 Views

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451 Views

Rollover of after tax money from 401k to ira and Roth ira

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1 Reply 1014 Views

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1014 Views

Txes

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1 Reply 394 Views

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394 Views

Contributing to my IRA after I've filed my taxes

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1 Reply 437 Views

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437 Views

How is the subtraction of WI retirement benefits on line 11 determined in WI tax state form?

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3 Replies 2508 Views

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2508 Views

You issued me a 1099 distribution from a retirement account

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1 Reply 435 Views

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435 Views

Is this allowed: Roth -> Traditional -> Roth? And how to report gain?

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2 Replies 988 Views

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988 Views

Complicated IRA Re-characterization and Conversion spanning 2018 and 2019

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1 Reply 494 Views

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494 Views

1099R M1 Code...

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5 Replies 8128 Views

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8128 Views

As a USPHS officer on active duty I am not a member of the armed forces. Will I be missing out on potential qualifying tax benefits as a member of uniformed services?

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3 Replies 2014 Views

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2014 Views

Is SURS (State University Retirement Systems) traditional or self-managed a 401k? if it is, do I need a 1099 form? where do I get it?

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5 Replies 3094 Views

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3094 Views

Retirement savings contribution credit showing blank?

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2 Replies 1170 Views

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1170 Views

I file married fling joint with my husband, he only receives SSDI income, I am the only one with earned income, he has a tax offset. Will my refund be intercepted?

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4 Replies 1586 Views

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1586 Views

I live in Virginia. I think I can claim up to $12,000 in pension income deductible from my income for Virginia taxes. If that is true, how do I input that in Turbotax?

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1 Reply 3330 Views

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3330 Views

1099R -DO I HAVE TO PAY TAXS ON MY traditional IRA.

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2 Replies 1281 Views

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1281 Views

Good morning. Do I check the box for retirement plan withdraw if I took a Home Loan from my 401k that I am paying back through my paychecks?

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2 Replies 1117 Views

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1117 Views

I have 20+ 1099Rs.How do I get past the 20 limit built into Turbotax to enter them manually in their system since I will be printing/mailing them?

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1 Reply 822 Views

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822 Views

I have 5 returns to do in my household what turbotax plan do you recommend I purchase

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1 Reply 967 Views

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967 Views

I've always owed about $400 in VA state taxes on retirement income. This year it is zero. Nothing has changed significantly from previous years. What to do?

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1 Reply 763 Views

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763 Views

If I receive monthly military retirement (ex husband) benefits direct deposited into my ckg acct (from DFAS) what taxable income do I list it under when I file my taxes?

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2 Replies 998 Views

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998 Views

Should I report money borrowed from ira in dec '16 but paid back in Jan '17

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1 Reply 1155 Views

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1155 Views

I moved my 401K(s) to an IRA last year and filed before I received the 1099-R. It shows the Gross amount and no taxable income. Do I have any need to amend my return?

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1 Reply 1163 Views

1 Reply

1163 Views

$60,000 in one check with only my dad's name, but can we say it is from my mom and dad to me and my wife?

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7 Replies 2445 Views

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2445 Views

I received fellowship support for my first semester (9/17 -12/17). My 1099 forms aren't available until 2/18. Can I amend my return with my 1099 after filing by 1/31?

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4 Replies 1702 Views

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1702 Views

Firefighter/ safety officer deductions?

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2 Replies 3887 Views

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3887 Views

I am doing my taxes and i need to report my income w-2 but it is not allowing me to. It says "This type of income is uncommon for people in your situation. "

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1 Reply 748 Views

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748 Views

The program is telling me to take 25% off the ct teachers retirement it should be 50%

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1 Reply 1098 Views

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1098 Views

Our taxable joint income slightly exceed 77.4k and I thought I would need an IRA to avoid the 22% bracket, but we're still being taxed at 12%. Any explanations?

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2 Replies 1100 Views

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1100 Views

I was on fellowship for part of the year but I don't have a W-2 form, and I'm not a PhD candidate, but in the program. How do I get to the correct form to report?

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1 Reply 795 Views

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795 Views

Mom died in Feb 2019 & I'm doing her 2018 taxes. The question asked online is did I inherit the IRA. I did, but not until last week (March 2019). Should I answer no?

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5 Replies 1412 Views

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1412 Views

Why did my federal refund decrease by almost $3,000 when I entered my 1099R for just under $13,500?

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2 Replies 1784 Views

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1784 Views

My son received a UTMA check of $8,000 from his grandfather for H.S. graduation. Does he have to claim as income or file a tax return for this?

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1 Reply 1081 Views

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1081 Views

Should my ssa-1099 income my listed on my 1040a? after filing I looked and it wasn't there, even though I entered it in the questionnaire.

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1 Reply 802 Views

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802 Views

Florida Retirement System for a teacher -- How do I answer turbo tax questions about RMD?

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1 Reply 1406 Views

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1406 Views

If I withdrew my 401k in NV where i lived and earned, Moved to GA and filed there the next year, can GA tax my 401 k from NV

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1 Reply 1290 Views

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1290 Views

I converted my traditional IRA to a Roth IRA at my bank this year. Can I transfer this to Vanguard "in-kind" this year? Does this break the one rollover per year rule?

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7 Replies 2394 Views

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2394 Views

How much will I pay in tax this year? I claim 0 with 2500 return. single about 60k a year. taking out 66k this year from my 401k to purchase a new home here in Ca.

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1 Reply 975 Views

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975 Views

Can I make a contribution to my 401k until 4/15 for 2018? I already have my W2. Where do I list it to get credit for the contribution? Will this reduce my taxable income?

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1 Reply 940 Views

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940 Views

I do not qualify for any educational credits because I used my GI Bill Veterans' Benefits, however, Turbo Tax will not let me file stating that I need the form.

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1 Reply 1049 Views

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1049 Views

Should I attach the 1099-G (this is refunds received for state/local tax returns)?

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1 Reply 1181 Views

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1181 Views

For some reason my 1099 G went through twice and caused my refund to go down. How do I fix it?

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1 Reply 784 Views

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784 Views

Line 5b should contain the taxable amount of your pension. Correct?

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1 Reply 871 Views

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871 Views

1099R from my pension has Gross distribution in box 1, 2a is blank, box 2b is checked. Dist code 7. The dist shows up on my fed return but is $0 on my NY state return.

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3 Replies 1899 Views

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1899 Views

Where do I add the 1099-R for my pension?

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1 Reply 984 Views

1 Reply

984 Views

Is a 401k plan considered a "Traditional IRA" for purposes of inclusion on Line 6 of Form 8606?

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6 Replies 2738 Views

6 Replies

2738 Views

NYSTXWG is on my W-2, what should this be categorized as?

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3 Replies 1638 Views

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1638 Views

I have a TSP, can I invest in IRA too ?

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1 Reply 1092 Views

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1092 Views

What is difference between federal government retirement and civil service retirement in lieu of social security retirement

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1 Reply 916 Views

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916 Views

If I withdraw any money from my Brokerage account do I have to file that as income earned or other income on my taxes this year?

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1 Reply 7568 Views

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7568 Views

I receive a 1099-R from Teacher Retirement System of Texas but it does not appear as an option when I try to file my 1099-R from them. What am I doing wrong?

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1 Reply 1002 Views

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1002 Views

I received a 1099 in error, it has my name but not my ssn, can I disregard?

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1 Reply 1118 Views

1 Reply

1118 Views

I received found money from my deceased mother. Do I claim it on my income taxes?

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1 Reply 966 Views

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966 Views

Is a normal distribution code 4 on form 1099r for a teamsters pension distributions a rmd distribution

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1 Reply 1650 Views

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1650 Views

I got a check, my 403-b was terminated. I've not received a 1099-R & need to know a code for box 7? Early distribution no exceptions, I didn't ask for the distribution?

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1 Reply 1214 Views

1 Reply

1214 Views

How does one determine the RMD of a non-spousal inherited IRA for the first partial year. There were multiple recipients of the inherited IRA.

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3 Replies 2402 Views

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2402 Views

I have already filed and just received a 1099R what am I to do now?

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1 Reply 1191 Views

1 Reply

1191 Views

I need help regarding the RMD portion. I have a pension plan not a 401K

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1 Reply 841 Views

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841 Views

I should have taken an earned income credit, is it too late?

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2 Replies 1143 Views

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1143 Views

What percentage tax should i withhold closing an IRA account early on top of the 10% penalty for state of AZ? i have to choose how much to withold they cant advise me.

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1 Reply 834 Views

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834 Views

Do you have a TurboTax Online account?

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