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Get your taxes done using TurboTax
So is there an amount in box 2a on your 1099-R?
Try this:
1. Answered when asked that this was a qualified plan (I assume it was)
2. You did something else with the money
3. you got regular payments (I assume that you did)
4. you started getting payments in 2022 or before
5. if there was an amount in box 2a, was it used as the taxable amount?
In fact, if you actually made no after-tax contributions to your pension, then you can short cut the interview, you can put the amount in box 1 into box 2a, and answer that the amount in 2a was used as the taxable amount. This will cause the Box 1/2a amount to be added to line 5b on the 1040. And this will end the interview and you can continue your return.
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March 15, 2024
3:03 PM