Retirement Tax Tips and Answers | TurboTax® Support

Exemptions Early Distribution IRA

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

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1 Reply 409 Views

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

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2 Replies 960 Views

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960 Views

Roth IRA rollover to precious metals

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2 Replies 259 Views

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

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1 Reply 175 Views

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175 Views

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

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1 Reply 93 Views

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93 Views

How to file foreign private retirement fund assets?

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5 Replies 885 Views

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Form 8833 and UK pensions

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9 Replies 1151 Views

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1151 Views

Tax on Social Security

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29 Replies 2241 Views

29 Replies

2241 Views

csa 1099r simplplified method worksheet

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0 Replies 552 Views

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552 Views

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

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1 Reply 686 Views

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686 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 457 Views

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457 Views

RMD Excess Accumulation Worksheet error

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1 Reply 588 Views

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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 1147 Views

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1147 Views

1099-R form with a blank for State distribution

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6 Replies 1067 Views

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How to file with Excess 401K Contributions

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3 Replies 1443 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 1747 Views

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Roth IRA excess contributions for multiple years

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14 Replies 4610 Views

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4610 Views

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 6368 Views

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Amending Previous 5329's in Turbo Tax

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1 Reply 18763 Views

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Colorado Pension and Annuity Substraction

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1 Reply 6658 Views

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6658 Views

Backdoor Roth IRA Contributions - 2022 & 2023

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11 Replies 8589 Views

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

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1 Reply 1899 Views

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1899 Views

Unearned income

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1 Reply 673 Views

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673 Views

Form 5695

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1 Reply 456 Views

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456 Views

Medical monthly premium

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2 Replies 563 Views

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563 Views

I paid a babysitter...

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2 Replies 1945 Views

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1945 Views

Wifes Simple IRA and Trad to Roth IRA conversion

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4 Replies 1400 Views

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1400 Views

rental property

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4 Replies 1592 Views

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1592 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 1099 Views

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1099 Views

Reporting Excess contribution Roth IRA

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1 Reply 381 Views

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381 Views

TurboTax doubling my IRA contributions

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2 Replies 809 Views

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809 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 775 Views

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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 582 Views

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582 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 2232 Views

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2232 Views

Covid 19 disaster relief

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1 Reply 402 Views

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402 Views

Excess 401k Deferral for 2019 Tax Year

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4 Replies 1178 Views

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1178 Views

Confused about roth contributions

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2 Replies 776 Views

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taxes on Traditional 401k conversion to Roth 401k ?

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1 Reply 514 Views

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514 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 11556 Views

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11556 Views

Please help me understand these questions.

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1 Reply 328 Views

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328 Views

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

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3 Replies 1167 Views

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

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6 Replies 1406 Views

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My spouse does not have a social security number.

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22 Replies 14043 Views

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14043 Views

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

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5 Replies 48768 Views

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48768 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 751 Views

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401k withdrawal Cares Act

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7 Replies 3756 Views

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Filed but IRS is asking for more information

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1 Reply 447 Views

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447 Views

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

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1 Reply 1004 Views

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Txes

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1 Reply 389 Views

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389 Views

Contributing to my IRA after I've filed my taxes

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1 Reply 433 Views

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433 Views

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

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3 Replies 2490 Views

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You issued me a 1099 distribution from a retirement account

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1 Reply 430 Views

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

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2 Replies 978 Views

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978 Views

Complicated IRA Re-characterization and Conversion spanning 2018 and 2019

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1 Reply 491 Views

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491 Views

1099R M1 Code...

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5 Replies 8106 Views

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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 2003 Views

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2003 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 3081 Views

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Retirement savings contribution credit showing blank?

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2 Replies 1163 Views

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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 1577 Views

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1577 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 3320 Views

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3320 Views

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

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2 Replies 1272 Views

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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 1110 Views

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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 815 Views

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815 Views

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

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1 Reply 961 Views

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961 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 758 Views

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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 991 Views

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

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1 Reply 1144 Views

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1144 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 1153 Views

1 Reply

1153 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 2405 Views

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2405 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 1689 Views

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1689 Views

Firefighter/ safety officer deductions?

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2 Replies 3854 Views

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3854 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 739 Views

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739 Views

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

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1 Reply 1089 Views

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1089 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 1089 Views

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1089 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 787 Views

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787 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 1390 Views

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1390 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 1765 Views

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1765 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 1069 Views

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1069 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 794 Views

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794 Views

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

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1 Reply 1391 Views

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1391 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 1276 Views

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1276 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 2370 Views

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2370 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 965 Views

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965 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 931 Views

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931 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 1043 Views

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1043 Views

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

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1 Reply 1171 Views

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1171 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 772 Views

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772 Views

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

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1 Reply 860 Views

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860 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 1888 Views

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1888 Views

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

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1 Reply 978 Views

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978 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 2714 Views

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2714 Views

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

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3 Replies 1628 Views

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1628 Views

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

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1 Reply 1087 Views

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1087 Views

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

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1 Reply 909 Views

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909 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 7529 Views

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7529 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 996 Views

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996 Views

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

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1 Reply 1112 Views

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1112 Views

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

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1 Reply 960 Views

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960 Views

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

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1 Reply 1645 Views

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1645 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 1205 Views

1 Reply

1205 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 2391 Views

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2391 Views

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

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1 Reply 1183 Views

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1183 Views

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

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1 Reply 836 Views

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836 Views

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

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2 Replies 1088 Views

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1088 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 825 Views

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825 Views

Do you have a TurboTax Online account?

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