Retirement Tax Tips and Answers | TurboTax® Support

How to file with Excess 401K Contributions

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

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1099-R form with a blank for State distribution

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Form 5329

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

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Connecting Robinhood (Markets and Digital Assets).

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1099-R Triggering Needs Review

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ROTH IRA excess contribution

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17 Replies 13385 Views

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

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2 Replies 2134 Views

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Roth IRA rollover to precious metals

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2 Replies 1171 Views

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

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

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How to file foreign private retirement fund assets?

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5 Replies 1886 Views

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Form 8833 and UK pensions

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Tax on Social Security

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29 Replies 5864 Views

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csa 1099r simplplified method worksheet

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0 Replies 990 Views

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

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1 Reply 910 Views

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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 695 Views

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RMD Excess Accumulation Worksheet error

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1 Reply 893 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 2840 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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Roth IRA excess contributions for multiple years

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14 Replies 11136 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 10005 Views

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Amending Previous 5329's in Turbo Tax

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Colorado Pension and Annuity Substraction

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Backdoor Roth IRA Contributions - 2022 & 2023

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11 Replies 10503 Views

11 Replies

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

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Unearned income

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1 Reply 1116 Views

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Form 5695

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1 Reply 731 Views

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Medical monthly premium

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I paid a babysitter...

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Wifes Simple IRA and Trad to Roth IRA conversion

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rental property

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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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Reporting Excess contribution Roth IRA

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TurboTax doubling my IRA contributions

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2 Replies 1529 Views

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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 1352 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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Covid 19 disaster relief

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Excess 401k Deferral for 2019 Tax Year

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Confused about roth contributions

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2 Replies 1190 Views

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taxes on Traditional 401k conversion to Roth 401k ?

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1 Reply 841 Views

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

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4 Replies 15003 Views

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Please help me understand these questions.

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

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3 Replies 1893 Views

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

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6 Replies 2428 Views

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My spouse does not have a social security number.

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22 Replies 18358 Views

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18358 Views

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

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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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401k withdrawal Cares Act

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7 Replies 4923 Views

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Filed but IRS is asking for more information

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1 Reply 658 Views

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

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1 Reply 1366 Views

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Txes

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Contributing to my IRA after I've filed my taxes

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1 Reply 688 Views

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

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3 Replies 3524 Views

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You issued me a 1099 distribution from a retirement account

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

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Complicated IRA Re-characterization and Conversion spanning 2018 and 2019

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1099R M1 Code...

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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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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 4091 Views

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Retirement savings contribution credit showing blank?

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2 Replies 1545 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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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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1099R -DO I HAVE TO PAY TAXS ON MY traditional IRA.

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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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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 1213 Views

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1213 Views

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

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1 Reply 1262 Views

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1262 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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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 1305 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 1628 Views

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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 1683 Views

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1683 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 3378 Views

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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 2616 Views

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Firefighter/ safety officer deductions?

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2 Replies 5432 Views

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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 1110 Views

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

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1 Reply 1509 Views

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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 1550 Views

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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 1168 Views

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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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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 2682 Views

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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 1557 Views

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

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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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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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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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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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1230 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 1341 Views

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

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1 Reply 1717 Views

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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 1395 Views

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

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1 Reply 1266 Views

1 Reply

1266 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 2421 Views

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

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1 Reply 1316 Views

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1316 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 3592 Views

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

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3 Replies 2107 Views

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

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1 Reply 1412 Views

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1412 Views

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

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1238 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 10132 Views

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10132 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 1325 Views

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1325 Views

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

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1 Reply 1441 Views

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

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1 Reply 1326 Views

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

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1 Reply 2253 Views

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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 2335 Views

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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 3218 Views

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

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1 Reply 1684 Views

1 Reply

1684 Views

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

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1 Reply 1221 Views

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1221 Views

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

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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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Do you have a TurboTax Online account?

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