Retirement Tax Tips and Answers | TurboTax® Support

Where do I enter the information for a form that states "takes the place of federal forms 1099-G and 1099-INT"?

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What is the under payment penalty for social security tax withholdings

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ROTH IRA early withdrawal taxes even if my withdrawal would be less than contributions and gains combined

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Mega backdoor Roth not reflecting in 1040 line 4a, 4b instead shows in line 5a, 5b

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Backdoor Roth conversion

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How to amend 2023 tax return for excess Roth IRA contribution - form 1040x + 5329

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Multiple years of ineligible Roth IRA contributions

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Foreign retirement plan

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How do I enter rollover from after-tax 401K split between Roth IRA and regular IRA ?

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understanding solo 401k employee contribution limits

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I receive retirement checks from a US company, but live in the Philippines. The distributions are taxed at 30%. How do I enter the taxes withheld in Turbotax?

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TRADITIONAL IRA CONTRIBUTION

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NR-4 form with a distribution code of 43 (Lump Sum)

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2 Replies 1080 Views

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Does Georgia's $35,000 state income tax exclusion for retirement Income include her teacher's pension plus traditional ira withdrawals?

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How to report dividend income from overseas where we do not get a 1099 form?

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I just withdrew contributions from my ROTH IRA before the 5-year maturity requirement. Can I repay this back to my ROTH now to avoid paying the 10% penalty?

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Does anyone have any experience with IRS form 5329?

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What is the happy medium between increasing 401K by 15% and adjusting W4 withholding?

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What is the proper way to adjust the cost basis for the SLV / GLD ETFs that are structured as trusts, and have monthly expenses that show up on your 1099-B?

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I transferred Bitcoin from an exchange to a hardware wallet which I still own. My exchange API is showing this as a withdrawal and taxable. Should I delete this entry?

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I can't find form 8606. The instructions to search for "IRA Contribution Information" do not work. How can I trigger this form?

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I have the final (3rd) distribution from 2020 Covid Disaster to claim but the online software is not showing where to put it. Already checked 1099-R section.

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I have a 1099-R but I used that money for a downpayment on my first home that I bought in 2022, how would I fill this out?

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My retirement contribution is shown as 41,000 by Turbo tax but I have not entered that amount

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For my CA taxes, Schedule CA (Wage, IRA and Pension Adjustments) line 8 has my entire W2 amount listed in it. Would this be accurate if I took a Paid Family Leave?

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Turbotax doesn't accept the zip code for my life insurance company's address. Eventhough Iit is the correct zip code.

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Made excess Roth IRA contribution in 2022, but removed the excess contribution and earnings in March 2023. How to report the earnings on 2022 tax return? Can't find 5329.

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Turbo tax won't accept the amount in my 1099R block 5

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How to put 1099-b

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From my only IRA A/C I withdrew in 2022 & received a Form 1099-R. The distrib'n code is "1" (i.e. early distr'n), but I became 60 3/26/2022. Schwab doesn't change codes.

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How do I fil out a 1099-K

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Where could find to enter SociaL Security

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Is htrc for 2022 in nys taxable and where is it entered?

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401k rollover to traditional and roth Ira

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How do I enter 1099-B boxes 8-11 into TurboTax? Didn't seem to find the place?

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I do not get W2 forms as I am retired. But the California state returns keeps asking me for W2 input. Why? Didn't happen in previous years.

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Where do i put my required RMD payment?

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Please call my Skype number [phone number removed]How do I tell what Fidelity 1099's you already have ??

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Enter Prior Year Roth IRA Contributions? where I can find the answer to this question?

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I want to see if i contributed to my ira if it would make a difference on my return.. how would i do that?

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There is no box 16 on my 1099-R form. What do I do?

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Should I report an incorrect 1099R and the same corrected 1099R?

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I filled my he right linrd for my Social Secity but it doesn't register.

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My 1099-DIV does not have a Box 2a. It jumps from Box 1b to Box 3. What should I enter for Box 2a?

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How should I enter my "Mega-backdoor" in-plan conversion of after-tax 401(k) dollars into a Roth 401(k) into Turbo Tax?

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Does the 401k contribution limits include both my contribution AND my employer match or is it just my contribution?

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Can I deduct my loses to my 401 k

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Do I need to refill my taxes? Just filed 01.29.23 and I got a pension payout that withheld 20% federal tax only adds 5k(have not gotten anything tax wise yet from them)

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Does the Governor's Retire Tax Plan for the State of Maryland includes tax relief for retires 65 and older making up to $100,000 in retirement income?

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Is retirement pension taxable in Alabama?

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Should I select "retirement income on a 1099-R"? I set up a 401k this year but haven't made any withdrawls.

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When adding up the value of my IRA's do I need to include inherited IRA's as well?

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If you have investment losses in your Roth IRA can you deduct those? if so where do you enter in that information?

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I have a $2,762 Social Security tax credit for 2022 (due to excess withholding from multiple W2's in 2021). Where do I input this?

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Should RMD's be reported under section did you receive any distributions from a retirement plan after 2019?

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Having issues entering COVID Distribution. When I select Continue on 2021 Qualified Disaster Distribution it skips to 2019. How do I get to 2020 section???

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How to report the RMD without 1099-R ?

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How do I report my CARES act COVID distribution on my 2022 taxes (I am splitting it over three years, this is 3/3)?

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Do I have to include distribution from my children's inherited iras in my taxes? I know I include mine but was unsure about theirs since it's not my money. Thanks

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If i do an ira rollover, how do i do that

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Is ira conversion subject to additional Medicare Tax? Since IRA conversion is treated as gross income, I would think it would.

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The taxes just ask me about distribution funds for 2018, 2019 and 2020 what does that mean, and if they did get it what does that mean?

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Does taking silver out of a IRA vault storage count as taking a RMD?

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If i contributed to my ira and my spouse is covered at work do i need to withdraw that money? I thought I did but the software is not asking me to do that.

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Somehow my 1099's were placed on the pensions and annuities line. I have no pension or annuity.How can I correct this?

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We took from 401k bc spouse could nolonger work. does this fall under disability

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Is it correct to put down my IRA Contribution as a Tax Credit (Step 3) and Adjustment (Step 4) on my W-4?

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Should I have been charged a 6% tax on a backdoor Roth conversion? We do it every year, and 2021 was the first time this has happened?

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Does Turbo Tax support Form 5329?

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Where do I find the amount required to withdraw from my Chase IRA for 2020-21?

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If my wife is a nonresident under DACA, and I am a US citizen, filing jointly, how do we file her 1042-S, income code 15, early 401K withdrawal as a substitute 1099-R?

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1099R was not filed during Tax Return. What should be done to fix it?

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If taxes were already withheld from my RSRs, do I still need to report the sale as taxable income?

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Is a direct rollover from a 401K to an IRA taxable?

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What was there a withdrawal from my bank account in the amount of $218 on May 13 payable to TurboTax?

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I have a 1099R from the Defense Finance and Accounting Service US Military Pay and I have no idea how to enter it.

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Do I need documentation to prove which % of my Roth 401K contributions are from me the employee (not taxed on withdrawal) vs. the employer (taxed on withdrawal)?

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Excess Roth IRA contribution

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I cannot get past Form 322 : Contribution date needs to be before due date

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How do I edit the Form 1099-DIV worksheet . I need to change the Recipient address. All boxes except ZIP code is editable

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If I am the widow of a retired service member (Navy) and get US military annuitant pay. Which box do I check for where is my distribution from?

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The program has doubled the taxable amount of our traditional ira distributions.

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We over contribute to DCFSA by $5000. It's reflected in box 10 on W-2 forms. Will TurboTax catch it and automatically add non-qualified amounts back to taxable income?

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What if cost or adjusted basis is "missing" from 1099-B form? Should I leave it blank?

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Do I need to report the amount of the Trust Beneficiary funds that I received from distribution?

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Does a Roth conversion count towards the $4,300 "income" limit for someone to qualify as "other dependents"?

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How do I answer the question "Any Periodic Payments?" in regards to my Military Retirement Pay?

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1 Reply 654 Views

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How to fix IRA Wks for Part A, Line 4a

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Does TurboTax sort out Social Securiy ? . I don't recall being asked about it in TurboTax and my 1040 lines 6a and 6b are blank ... does that sound right ?

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1099-R Roth IRA distribution question

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Do I need to report a 1099-Q form related to a 529 rollover that doesn't violate the 12-month rule?

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1 Reply 611 Views

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My wife died in May of 2020. In 2021 a $300.00 death benefit was issued to me, and I'm trying to enter it in Turbo Tax. TurboTax is asking which year it is "for." ???

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2 Replies 1157 Views

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I have a 1099-R that has after tax contributions converting from IRA to Roth for the last 2 years. TT thinks that I need to pay taxes. How do I fix that?

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4 Replies 1279 Views

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What should I do if i don't receive the 1099 NEC form on time? I keep asking my employer and he keeps saying he will send it, but so far i haven't got it.

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Do we add interest pain to us on and IRA CD?

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512 Views

Where is the ssa 1099 intered on the tax form

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1 Reply 494 Views

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Should amounts contributed to charities via QCDs be entered under Deductions and Credits on my Tax Return ?

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1 Reply 528 Views

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My W-2 has two lines of data for box 18-20 but turbo tax says I should only have 1. Where or how should enter the 2nd set of data? Both lines are labelled, LOCAL T.

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1 Reply 522 Views

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When will Form 8915-F be added? It's currently March 17th. Will it automatically bring up my 1099-R info from the previous year?

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I have a statement of annuity paid federal pension box 2a unknown box 5 has an amount does the software deduct box 5 from gross income of do i do it myself

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What happens to direct non-taxable contribution from brokerage when you do standard deduction?

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How do i find the relevant information on my 1099? it is asking for box numbered boxes but non of my documents have numbered boxes

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How do i hook up my credit karma act . to also get the 5 day early and when accepted by irs will be in my account

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1 Reply 539 Views

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I have a 1099-R from John Hancock Life Insurance Co. Searching for "John Hancock" only shows "Hancock Whitney Bank." How do I enter my information? Thank you!

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594 Views

Do I enter a 1099-S on any form?

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1 Reply 450 Views

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Rolling a Roth into a Traditional IRA

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Does turbo tax down load my 1099's from schwab?

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Does the contribution from my insurance company (not employer) reduce my total allowable contribution to my HSA?

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1 Reply 428 Views

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What are considered "contributions" to my traditional and Roth IRA?

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1 Reply 479 Views

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Where do I enter 1099-comp

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Where do 1099-r entered?

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How to overcome difficulties uploading 1099-B form from Robinhood. Bypassing the hassle of the final pages are challenging. Need assistance.

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1 Reply 456 Views

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Where do I enter my SSA-1099 amount?

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1099-R

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Excess ROTH IRA Contribution

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Should a 457(b) account balance be included in the total of Traditional, SEP, and SIMPLE IRA question?

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1 Reply 387 Views

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387 Views

The form is asking me to enter my 1099-R provider's info. I need to get past this request as I do not have any 1099-R income!

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If you inherited a Roth IRA, how is the question "Were any of your Roth IRA(s) set up before 2017?" Is that based on the initial account or when you inherited it?

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I pulled out all my company 401K, but then got hired back and I paid it back. waiting on that document, but will need help where to log in the withdrawal and the pay back

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Does turbo tax send out 1099 NEC

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Does filing schedule C for proffesional gambler change my MAGI ? I make to much to contribute to Roth IRA but if my winnings and losses are on schedule C instead of hobby

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When doing a Roth conversion of a non-deductible contributions from traditional IRA . is a rollover IRA included in the list of all IRA balances to determine tax free %

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If I deposit $8,000 lump sum into my checking acct would that get flagged by IRS or cause a flag when I apply for a house next year?

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Where can I find my 1099 Form?

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If I retire from my current employer of 33 years using the Rule of 55, can I contract back to the same employer and still avoid the penalty on early withdrawals?

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A falsified 1099 form was sent to my parents address that has my name on it and says I received $3168 from LMB OpCo LLC, what is the best thing I can do to address this issue and resolve it?

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6 Replies 2131 Views

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Is there a way with turbotax to estimate 2021 taxes now? I need to determine if I can stay within my tax bracket and do a Roth Conversion before year end.

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I worked in US from 2018 to 2019 and moved to Canada for 2 yrs. I moved back to US in Jul 2021. Can I contribute the full $19.5K for 401k tax deductions for FY 2021?

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What do I put down for line 14 column (e) on my 1099-B form?

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Can I transfer my ROTH IRA to a traditional IRA, without penalties?

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Do I owe taxes on a QTIP trust final remainder distributions after the surviving spouse dies ?

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If you settle your child support as a lump sum (in the separation agrmnt)

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Do we need to take the money out from our IRA account this year?

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Can I contribute to my company's 403b Roth IRA even thou my AGI is over the limit ($139K) for a personal Roth IRA? Does the fact that it's company managed make a diff?

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Can I withdraw my initial Roth IRA investment without tax penalties as a 53 year old who lost his job due to pandemic. I want to avoid penalties

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Will transferring money or securities from an inherited Roth IRA to a non-IRA account increase my adjusted gross income and trigger additional tax for me?

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1 Reply 470 Views

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Please answer a question. why can't turbo tasx look at my return now 60 days overdue vfor as mistake

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3 Replies 1330 Views

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I already filed and you already took the money out of my account where are my taxes what is going on

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How do I record K-1 Box 17 Code V income from a PTP? I created new K-1 with just Box 17 code V for this PTP. TT says to check PTP box on K-1 but cannot locate.

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If on a K-1, Box 20 refers to Statements B and Z, but there are no such statements, does that mean I should put 0 in those boxes

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I have my 1099 on my TD Ameritrade account but turbo tax isn't linking as I provide my account # and document ID

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9 Replies 5122 Views

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Provided wrong answer to question "did you receive a stimulus check". Fogot that we got a 1200 payment in July. What to I do now.

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1 Reply 522 Views

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Why should I file form 8606 vs 5329?

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1 Reply 887 Views

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Re a 1099-R it asks if I received periodic payments. I receive monthly payment, income already recorded on this tax form. Does this mean other payments or the same ones?

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1 Reply 644 Views

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644 Views

My husband worked a job that he got a 1099-NEC. Will he be notified by social security what he owes or does he need to contact someone?

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TT wants the IRA earnings of $209 recorded as credit for ROTH IRA, yet our AGI exceeds the limit and we can't contribute. I've entered 0 instead, is that correct?

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2 Replies 943 Views

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Corrected excess Roth IRA contribution for 2020 before filing tax, need help in capturing 1099-R information w/o having the actual 1099-R

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Does anyone know where to file 1099-G?

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1 Reply 451 Views

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Is the former spouse of military, receiving retirement from DFAS, eligible to deduct from oklahoma state taxes?

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1 Reply 769 Views

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Hi, I entered income data from my 1099R but the figures are not showing up on the wrap-up page. What am I doing wrong?

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