Retirement Tax Tips and Answers | TurboTax® Support

I dont understand the teachers retirement adjustment for state of Ga?

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I have a capital loss in an annuity and it is not showing up on my tax return. I have entered the data from my 1099R. What else do I need to do?

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Roth IRA Recharacterization and back door conversion

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I am a new York state resident and my state pension should not be taxed on my state return and yet Turbo Tax shows it as taxed. Any thoughts?

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1099r distribution code p - do I amend?

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Form 8853 p1

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Distribution to the beneficiary

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federal pension reduction

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1099R

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How to report 401k cares act withdrawal

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Tax Liability

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IRA rollovers

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1099R withdrawal and deposited back within 60 days

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What value do I put for recharacterization of IRA when there's been a loss since orig contribution?

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1099-R

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Which version of turbotax should be used for social security lump sum payment for several years

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Retirement - benefits - USA/Canada

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I have two 1099-R forms. One has a taxable amount, one does not. Can i add them together?

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How do I tell TurboTax that the 1099-R is for my Pension and not an IRA distribution?

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IRA Withdrawal

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1098-T and 1099-Q

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1 Reply 129 Views

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Socia Security Entry Point on Turbo Tax Basic has a glitch

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How can I see the completed worksheet for taxable Social Security Income?

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DO 403(b) OR Ohio 457 contributions of more than $18500 for a 55 years old gives an e-file error? Why? It is a catch up contribution after 50 age?

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Have contributed to Mesp fo three years now but have not deducted those contributions in those previous years. Can I deduct those contibutions in 2017

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How do I report Roth Solo 401K contributions in 2018 TURBOTAX

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What is the Maximum Pension Exclusion for NJ returns? My recent filing shows $40,000 which double what it was last year.

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Can a grandparent that is retired claim grandchildren living with the grandparent.

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Separating from my company and have an outstanding 401K loan balance (1st home purchase) & if defaulted am I still subject to the 10% penalty?

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My state refund came back less because of my husbands KAPERS which was what he put in he wasn"t there long enough for the company to match so Kansas used it as income.?

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Severance Income: Is there any rule for deferring some of the extenuating circumstance income or splitting it up over several years?

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Will Turbo Tax Basic handle minimum distributions from IRA & 401K?

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Does a retirement distribution get taxed if I move to a state that has a state tax?

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Do I have to pay PA income tax on Social Security payments and disbursement from my retirement annuity?

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My income consists of 1099-R and social security so will Turbo Tax basic work for me

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Can I take out money from my IRA in 2018 and declare it in 2017 taxes

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I prepaid $365.40 for Medicare part a and b in June 2016. I received a SSA-1099 reporting $609.00 was withheld. Do I add the prepayment I made to this for tax purposes?

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Where do I enter inheritance income that came from a retirement plan? All the paperwork I have points to it being MY account and it was never my account.

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My wife has income from trust and the Receipient's # on the 1099R is not her S.S. number that's on our other 1099Rs. How do I report this?

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Would my retirement contributions to Arkansas Teacher Retirement entitle me to a tax credit?

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Do I have to fund my Roth IRA for 2017 before I file my 2017 tax return?

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BY REPORTING MY ROLLOVER FROM A 401K TO AN IRA THEN A DISTRIBUTION FROM THAT IRA, TURBOTAX IS ADDING BOTH TOGETEHER AN OVERSTATING MY INCOME

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I rolled over a traditional Ira to a Roth. Now TT is calling it an excess contribution. Since it's a rollover, is that true? It's already being taxed as income.

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Hi, I need to have additional taxes withheld next year. I have income from retirement and social security. Does it matter which source I increase the deduction?

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Retired on social security can I fund an IRA

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Where do I enter my Alberta Senior's benefit amount - box 11

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If I a W2 and two 1099-r one from retirement and one from 401K I am over 60 what version should I be using? How do you copies of W2 etc with filing of tax return?

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When entering the 1098-T electronic form into my taxes box 5 had $ listed. When I got the physical form in the mail a few days later that figure was listed in box 4.

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Annuity income question

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Is the income I received as a utility refund because of excess generated electricity of solar panels.taxable income?

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If a 1099 has block 1 and 2a values with tax amount not determined and a distribution code 7 IRA/SEP/Simple should I have a tax to pay?

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Foreign Pension Lump-Sum Exchange Rate for IRS Reporting

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My wife receives a ssa-1099-sm for 20064.00 with no additional income and would like to file separately - does my income HAVE to be referenced on any of her forms?

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Can I still get a credit for retirement savings contribution if I rolled over my 401k during 2016. Do I put zero for distributions in the worksheet?

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1099-R form from my church pension fund.

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Why is TurboTax 2017 suddenly asking about my past Roth conversions?

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Which version of turbotax should be used for social security disability lump sum payment for several years

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Will "increased income" from a 401K rollover into an IRA affect the monthly amount I will pay for Medicare Part B & D?

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Social security back pay

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Should line 38 Form 1040A be blank if I had Part B premiums deducted from Social Security (I included ALL info from SSA-1099 for myself and spouse)?

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I opted to have my 1099R imported, but it came through twice and there isn't an option to delete. How do I remove it?

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I take 401k dividends as cash to my checking (retired 2 yrs ago) last year I got a 1099-DIV this year I got a 1099R are dividends ordinary income or LT capital gains?

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Question about 1099R form

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1099r - I have a 1099r with both my name and my wife's name on it but only my wife's ss number. There is only a way for one name in turbo tax (no way to check joint)

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Can I avoid being taxed on $25K I received from a misc income if I rolled that into an annuity?

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I took early withdrawal from pension in NJ but moved to Florida later in the year.Will I be taxed NJ state tax since I was still in NJ when I received the check?

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Why my wife who an immigrant she been here for 3 yrs and worked since being here and they take out so so little why is that or is there a different forms for her ?

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In TT why do my taxes go up by $12 for a $24 1099-INT addition?

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Re: the New York State form IT-201, New York Subtractions, line 29 "Pension and Annuity Income Exclusion" ---does the $20,000 apply to my Traditional IRA distribution?

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Where to enter info from Form SSS-1099

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Is a distribution from a foreign pension (lump-sum) subject to IRS early withdrawal penalty?

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Do I enter securities determined to be valueless? If so where in the program.

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I received a 1099R for my wife but all funds were directed to long-term care facility. My wife died February 2019. Do I need to put this on my tax return?

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MILITARY PENSION IS CHARGED A MONTHLY FEE WHAT FORM DOES THAT FEE GO ON?

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I lived in texas until May 31 and moved to arkansas and took an ira distribution in june. can I allocate the distribution to both states?

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Since I am 77 years old and my taxable income is less than $13,000 and I was deducted payments from my retirement, where can I get my taxes filed free to get a refund?

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Is tsp considered a qualified retirement plan for calculating IRA contribution limits?

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Do I have to report the 1099-b I received? I'm the account holder/custodian for my grandson. It was a savings account that I transferred to a cd.

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Should ROTH IRA Computation Limit Worksheet block 7 wages and other income be the same as Schedule C Block 31?

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1099-R (federal retirement) box 1 gross vs box 2a taxable amount. Turbo tax uses the Box 1 amount instead of the taxable (2a) amount. Why is this?

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Can I use the free version with 1099-R military retirement?

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Are my wife's retirement payments from Germany reported and where do I report it with turbo tax

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Can we still contribute to a traditional IRA and get a deduction if I contributed to a pension plan and 457 and my wife already contributes to a SEP IRA?

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I received a Statement of Survivor Annuity Paid-1099R. I get to the part where it asks me about RSD and I am not sure what to put there. Need help with this.

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I did not work in 2017 I have income from Social Security and a retirement fund. Do I have to file federal income tax?

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Must you file an IRA withdrawal as taxable income if no tax owing results?

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I am a full time resident of Florida but receive retirement income 1099 R from the State of Utah do I need to file Utah State tax.

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I am retired. did not get any W2 from Social Security or Disability Ins. Co. only have 1099 and 1099R. Can I still file?

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We took a RMD from an inherited Money Market Fund and have not received a 1099-R. Are we supposed to file a 1099-R for this? We did for the RMD we took from separate IRA.

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I made a direct rollover from one Roth IRA to another Roth IRA in 2015 and did not receive a 1099R. Since this is a non-taxable event, do I need to report this rollover?

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1540 Views

The only way I can enter medical deductions is through Forms. Step-by-Step will not take entries. Why? I reported this 10 days ago.

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1 Reply 518 Views

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518 Views

Is my social security taxed if I am full retirement age? It was my understanding that there was no limit on my earnings?

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401k withdrawal question

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What does box 19 0n my w-2 wage and tax statement mean

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5728 Views

Do I need to correct my filing ? I received a corrected 1099R showing the total distribution checked not the total tax not determined ?

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375 Views

Turbo tax 2018 is asking about RMD. I do NOT have 401 K. I receive retirement pay from US Army and from the company I worked for and SSA. Do I have to worry about RMD?

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My daughter, who is a full-time student, is receiving survivor annuity benefits. Does she need to claim the distribution on her taxes (she receive form CFS 1099R)

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LIne 50 - "Did you have any open IRA accounts on 12/31/18". Does this mean do I still own an IRA?

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LIne 50 - "Did you have any open IRA accounts on 12/31/18". Does this mean do I still own an IRA?

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I contributed too much to my 403b due to a company error. 12b, elective deferrals for qual plans is $19,000. I cannot electronically file because the error. What do I do?

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If I didn't contribute enough to my 401K in 2018, can I contribute to an IRA to reduce my 2018 tax liability?

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I took my mrd late. I will not be receiving a 1099R. How do handle that?

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I just found out that the 1099r was over stated by ML.I made 3 charity donations from the ira

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Why is Turbo Tax asking for a form 5498 when our fund manager says we're not getting one? We took an additional $2,900 beyond our RMD to convert to ROTH IRA

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I received a 1099 R from utah but live in florida do I answer yes or no to the question if I received income in another state

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If my pension distribution payer changed to another one. how do i answer when asked what i did with the money i did nothing with the money?

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I retired in March 2018. I receive a small monthly pension. I have not received a form for Taxes ( Yet ). Will I receive a form for this, what form ?, Thanks

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Where can I find the details of the amount in TT on 1040 Line 2a for 2018 return? The amount exceeds the amount I entered for tax-free Interest Income from 1099Int.

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I filed in North Dakota last year, I am now retired living in Montana, do I have make changes on my tax return reflect that?

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Do I enter spouses social security benefits seperately from disability beneftis?

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I over-contributed to 401k. Fidelity is working on refund and 1099-R. I have added the excess to Misc Income. Can I file my 2018 return before I receive the refund?

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What if I don't have an SSA-1099 Form?

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IIF have only Soc Sec and retirement plan income, do not itemize and have pre paid on my 2017 tax bill. Which version of Turbo Tax should I

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I cancellation of debt from Citi Bank. They settled debt in Oct. yet I just received. I'm widow on social security with no money

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I took a 401k loan to pay for my childrens Braces. I left that company and have a 1099. Can any of the cost associated with that be deducted?

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[Duplicate]" State goverment over withdrew from my direct withdrawal. How do I correct their error?

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Box 12b on 1099-r says it cannot be great than gross distribution, but its not. Box 1 is $28,800 box 12 is $1550. Says there is an error

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How do I add a Roth IRA to my tax reporting? I saw no question regarding Roths.

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Why cant i deduct an IRA contribution?

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Do I report lump sum payments that I inherited after my mother passed?

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Can a stepdad claim his stepkids for tax credits if they receive social security survivors benefits that are paid to the mother? Biological father is deceased.

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She is 1099 and I'M 1040ez can I do that with turbo tax?

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I can't figure out what is wrong my husband retired and is collecting his reitement

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Where it says,"What Did You Do With The Money From Teacher Retirement System of Texas?" I didn't cash out or withdraw. Why would I have to select that choice?

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How do I exclude only part of my foreign income so that I can make a contribution to my Traditional IRA? Thank You!

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Did you get my prepaid federal tax from my social security 1099

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If I opened a Roth IRA with a direct rollover from an after tax 401K in 2017, then made some withdrawals in 2017, should lines 22 and/or 24 on form 8606 have basis amts.?

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Do I include all Social Security benefits or a percentage? When do you deduct the $13,600?

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Hello, Good morning. i have a question about retirement plans. i contribute to a 401(a ) plan. can i use that as a deduction? thank you

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Did you inherit the 1099-R from (financial company)? No, I inherited from family. Finan Co distributes RMDs to me

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Does my Granddaughter need to file a return, she has an adjusted gross Income of $1800 and taxable income of $700?

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I think I have entered income wrong. Income went up $20,000 from last year! We are on SS so not possible!

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Box 2a in Dividends and distributons on Harbor Funds was $32561 and our end of year was $18,000 less and we never received any money. How can this be

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If I over contributed to a ROTH 401K in 2018 and got the excess back in 2019 before April 15, and did not get a 1099-R, how do i report this in TT without an error?

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I worked for the state of oregon as a military security officer enforcing laws. Would that qualify as a public safety officer?

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In 2018, will social security and California state retirement be taxable? If so, where do I enter these on the 2018 Tax Estimate worksheet?

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Looking for 2 questions in the program:1. where is the question that asks for the unpaid balance on a home loan as of 31DEC18,

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3 Replies 479 Views

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Efile not working as I have 401K over contribution. I followed steps to add as Misc income and still cannot e-file

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Does a direct rollover from a ESOP retirement plan to a traditional IRA treated as income? I entered my 1099-R into Turbo Tax, and it is coming up as taxable income

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Can my 1099-R for Minister's Pension be tax free? Previous years (1999-2017) were allowed. What to do?

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I had my RMD sent to charity. Turbo Tax is not asking if all or part of the RMD was sent to charity. I do not want to pay taxes on this RMD. I have updated Turbo Tax.

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Social Security Number already in use and not allowed to file my taxes? Has my identify been stolen?

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Maryland State Retirement Agency W-2 does not match up with numbers on TurboTax form

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Mistakenly entered withheld tax amount. Entered Medicare part B amount as tax withheld. What do I do now?

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Do I have to input a $51 1099R that I received from my mothers state of California Retirement Account when she passed away?

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Will I need to pay taxes on an inheritance from my father for under $100k? This money was all after-tax money for him if that helps.

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I withdrew funds from IRA in January of 2016, while still a resident of FL. In June moved to NC, are IRA funds taxable by NC?

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If I am 60 do I have to pay additional tax on money I withdrew from my IRA the bank withheld 10%

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When my 401K contribution is too much does Turbo Tax account for that? I had 3 employers last year and about 900 too much was withheld.

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I have 2016 Basic TurboTax and I can't attach my SSA and 10099 forms. The Tools/Attachments is not functioning? Can you assist me?

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