Retirement Tax Tips and Answers | TurboTax® Support

Over contributed to 401k, but already rolled over to an IRA

by Latest post by

1 Reply 836 Views

1 Reply

836 Views

1099-R form with a blank for State distribution

by on Latest post on by

9 Replies 3713 Views

9 Replies

3713 Views

Form 5329

by on Latest post on by

1 Reply 1273 Views

1 Reply

1273 Views

Box 5 of SSA-1099 - what to enter for previous year in Lump Sum Payment

by on Latest post on by

1 Reply 5909 Views

1 Reply

5909 Views

Connecting Robinhood (Markets and Digital Assets).

by on Latest post on by

1 Reply 633 Views

1 Reply

633 Views

1099-R Triggering Needs Review

by on Latest post on by

1 Reply 718 Views

1 Reply

718 Views

ROTH IRA excess contribution

by on Latest post on by

17 Replies 12598 Views

17 Replies

12598 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?

by on Latest post on by

10 Replies 4190 Views

10 Replies

4190 Views

Exemptions Early Distribution IRA

by on Latest post on by

3 Replies 5083 Views

3 Replies

5083 Views

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

by on Latest post on by

1 Reply 4955 Views

1 Reply

4955 Views

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

by on Latest post on by

2 Replies 2118 Views

2 Replies

2118 Views

Roth IRA rollover to precious metals

by on Latest post on by

2 Replies 1135 Views

2 Replies

1135 Views

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

by on Latest post on by

1 Reply 642 Views

1 Reply

642 Views

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

by on Latest post on by

1 Reply 348 Views

1 Reply

348 Views

How to file foreign private retirement fund assets?

by on Latest post on by

5 Replies 1874 Views

5 Replies

1874 Views

Form 8833 and UK pensions

by on Latest post on by

9 Replies 3732 Views

9 Replies

3732 Views

Tax on Social Security

by on Latest post on by

29 Replies 5753 Views

29 Replies

5753 Views

csa 1099r simplplified method worksheet

by on

0 Replies 984 Views

0 Replies

984 Views

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

by on Latest post on by

1 Reply 898 Views

1 Reply

898 Views

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

by on Latest post on by

1 Reply 692 Views

1 Reply

692 Views

RMD Excess Accumulation Worksheet error

by on Latest post on by

1 Reply 881 Views

1 Reply

881 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

by on Latest post on by

9 Replies 2798 Views

9 Replies

2798 Views

How to file with Excess 401K Contributions

by on Latest post on by

3 Replies 4481 Views

3 Replies

4481 Views

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

by on Latest post on by

3 Replies 3135 Views

3 Replies

3135 Views

Roth IRA excess contributions for multiple years

by on Latest post on by

14 Replies 10851 Views

14 Replies

10851 Views

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

by on Latest post on by

20 Replies 9916 Views

20 Replies

9916 Views

Amending Previous 5329's in Turbo Tax

by on Latest post on by

1 Reply 20355 Views

1 Reply

20355 Views

Colorado Pension and Annuity Substraction

by on Latest post on by

1 Reply 7400 Views

1 Reply

7400 Views

Backdoor Roth IRA Contributions - 2022 & 2023

by on Latest post on by

11 Replies 10450 Views

11 Replies

10450 Views

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

by on Latest post on by

1 Reply 2186 Views

1 Reply

2186 Views

Unearned income

by on Latest post on by

1 Reply 1104 Views

1 Reply

1104 Views

Form 5695

by on Latest post on by

1 Reply 717 Views

1 Reply

717 Views

Medical monthly premium

by on Latest post on by

2 Replies 932 Views

2 Replies

932 Views

I paid a babysitter...

by on Latest post on by

2 Replies 3702 Views

2 Replies

3702 Views

Wifes Simple IRA and Trad to Roth IRA conversion

by on Latest post on by

4 Replies 2303 Views

4 Replies

2303 Views

rental property

by on Latest post on by

4 Replies 3082 Views

4 Replies

3082 Views

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

by on Latest post on by

1 Reply 1776 Views

1 Reply

1776 Views

Reporting Excess contribution Roth IRA

by on Latest post on by

1 Reply 846 Views

1 Reply

846 Views

TurboTax doubling my IRA contributions

by on Latest post on by

2 Replies 1496 Views

2 Replies

1496 Views

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

by on Latest post on by

2 Replies 1334 Views

2 Replies

1334 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.

by on Latest post on by

2 Replies 1005 Views

2 Replies

1005 Views

Covid 19 disaster relief

by on Latest post on by

1 Reply 787 Views

1 Reply

787 Views

Excess 401k Deferral for 2019 Tax Year

by on Latest post on by

4 Replies 1748 Views

4 Replies

1748 Views

Confused about roth contributions

by on Latest post on by

2 Replies 1177 Views

2 Replies

1177 Views

taxes on Traditional 401k conversion to Roth 401k ?

by on Latest post on by

1 Reply 835 Views

1 Reply

835 Views

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

by on Latest post on by

4 Replies 14869 Views

4 Replies

14869 Views

Please help me understand these questions.

by on Latest post on by

1 Reply 518 Views

1 Reply

518 Views

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

by on Latest post on by

3 Replies 1872 Views

3 Replies

1872 Views

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

by on Latest post on by

6 Replies 2411 Views

6 Replies

2411 Views

My spouse does not have a social security number.

by on Latest post on by

22 Replies 18203 Views

22 Replies

18203 Views

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

by on Latest post on by

5 Replies 51380 Views

5 Replies

51380 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?

by on Latest post on by

2 Replies 1094 Views

2 Replies

1094 Views

401k withdrawal Cares Act

by on Latest post on by

7 Replies 4885 Views

7 Replies

4885 Views

Filed but IRS is asking for more information

by on Latest post on by

1 Reply 652 Views

1 Reply

652 Views

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

by on Latest post on by

1 Reply 1357 Views

1 Reply

1357 Views

Txes

by on Latest post on by

1 Reply 621 Views

1 Reply

621 Views

Contributing to my IRA after I've filed my taxes

by on Latest post on by

1 Reply 681 Views

1 Reply

681 Views

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

by on Latest post on by

3 Replies 3510 Views

3 Replies

3510 Views

You issued me a 1099 distribution from a retirement account

by on Latest post on by

1 Reply 638 Views

1 Reply

638 Views

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

by on Latest post on by

2 Replies 1413 Views

2 Replies

1413 Views

Complicated IRA Re-characterization and Conversion spanning 2018 and 2019

by on Latest post on by

1 Reply 666 Views

1 Reply

666 Views

1099R M1 Code...

by on Latest post on by

5 Replies 9842 Views

5 Replies

9842 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?

by on Latest post on by

3 Replies 2580 Views

3 Replies

2580 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?

by on Latest post on by

5 Replies 4080 Views

5 Replies

4080 Views

Retirement savings contribution credit showing blank?

by on Latest post on by

2 Replies 1543 Views

2 Replies

1543 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?

by on Latest post on by

4 Replies 2130 Views

4 Replies

2130 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?

by on Latest post on by

1 Reply 3663 Views

1 Reply

3663 Views

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

by on Latest post on by

2 Replies 1710 Views

2 Replies

1710 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?

by on Latest post on by

2 Replies 1471 Views

2 Replies

1471 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?

by on Latest post on by

1 Reply 1209 Views

1 Reply

1209 Views

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

by on Latest post on by

1 Reply 1254 Views

1 Reply

1254 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?

by on Latest post on by

1 Reply 1013 Views

1 Reply

1013 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?

by on Latest post on by

2 Replies 1299 Views

2 Replies

1299 Views

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

by on Latest post on by

1 Reply 1624 Views

1 Reply

1624 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?

by on Latest post on by

1 Reply 1675 Views

1 Reply

1675 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?

by on Latest post on by

7 Replies 3357 Views

7 Replies

3357 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?

by on Latest post on by

4 Replies 2605 Views

4 Replies

2605 Views

Firefighter/ safety officer deductions?

by on Latest post on by

2 Replies 5396 Views

2 Replies

5396 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. "

by on Latest post on by

1 Reply 1103 Views

1 Reply

1103 Views

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

by on Latest post on by

1 Reply 1503 Views

1 Reply

1503 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?

by on Latest post on by

2 Replies 1544 Views

2 Replies

1544 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?

by on Latest post on by

1 Reply 1158 Views

1 Reply

1158 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?

by on Latest post on by

5 Replies 1969 Views

5 Replies

1969 Views

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

by on Latest post on by

2 Replies 2670 Views

2 Replies

2670 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?

by on Latest post on by

1 Reply 1550 Views

1 Reply

1550 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.

by on Latest post on by

1 Reply 1137 Views

1 Reply

1137 Views

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

by on Latest post on by

1 Reply 2044 Views

1 Reply

2044 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

by on Latest post on by

1 Reply 1735 Views

1 Reply

1735 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?

by on Latest post on by

7 Replies 3549 Views

7 Replies

3549 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.

by on Latest post on by

1 Reply 1507 Views

1 Reply

1507 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?

by on Latest post on by

1 Reply 1225 Views

1 Reply

1225 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.

by on Latest post on by

1 Reply 1335 Views

1 Reply

1335 Views

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

by on Latest post on by

1 Reply 1702 Views

1 Reply

1702 Views

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

by on Latest post on by

1 Reply 1378 Views

1 Reply

1378 Views

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

by on Latest post on by

1 Reply 1258 Views

1 Reply

1258 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.

by on Latest post on by

3 Replies 2407 Views

3 Replies

2407 Views

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

by on Latest post on by

1 Reply 1314 Views

1 Reply

1314 Views

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

by on Latest post on by

6 Replies 3575 Views

6 Replies

3575 Views

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

by on Latest post on by

3 Replies 2090 Views

3 Replies

2090 Views

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

by on Latest post on by

1 Reply 1408 Views

1 Reply

1408 Views

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

by on Latest post on by

1 Reply 1228 Views

1 Reply

1228 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?

by on Latest post on by

1 Reply 10060 Views

1 Reply

10060 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?

by on Latest post on by

1 Reply 1316 Views

1 Reply

1316 Views

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

by on Latest post on by

1 Reply 1437 Views

1 Reply

1437 Views

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

by on Latest post on by

1 Reply 1313 Views

1 Reply

1313 Views

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

by on Latest post on by

1 Reply 2241 Views

1 Reply

2241 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?

by on Latest post on by

1 Reply 2318 Views

1 Reply

2318 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.

by on Latest post on by

3 Replies 3198 Views

3 Replies

3198 Views

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

by on Latest post on by

1 Reply 1679 Views

1 Reply

1679 Views

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

by on Latest post on by

1 Reply 1219 Views

1 Reply

1219 Views

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

by on Latest post on by

2 Replies 1754 Views

2 Replies

1754 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.

by on Latest post on by

1 Reply 1249 Views

1 Reply

1249 Views

Do you have a TurboTax Online account?

Topics with Label: TurboTax PLUS Online